How To Fix MN747 - Not possible to create any settlement documents (See list log)

MN747 - Overview

• Message type: E = Error

• Message class: MN - Message class for subsequent settlement (Purchasing)

• Message number: 747

• Message text: Not possible to create any settlement documents (See list log)

What causes this issue?

No settlement documents can be created and posted because errors
occurred during settlement accounting with respect to rebate arrangement
&V1&.

System Response

The function is terminated without settlement accounting being carried
out for arrangement &V1&.

How to fix this error?

Note the error messages listed in the log. Look into the reasons for
them and carry out remedial action. If necessary, contact your system
administrator.
Then carry out settlement accounting for arrangement &V1& again.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MN747 - Not possible to create any settlement documents (See list log) ?

  The SAP error message MN747, which states "Not possible to create any settlement documents (See list log)," typically occurs in the context of settlement processes in SAP, particularly when dealing with internal orders, projects, or other cost objects. This error indicates that the system is unable to generate settlement documents due to various reasons.
  Causes of MN747 Error
  
  
  Missing or Incorrect Configuration: The settlement profile or the configuration for the cost object may not be set up correctly. This includes settings related to the settlement rules, allocation structure, or settlement profiles.
  
  
  Settlement Rules Not Defined: The cost object (e.g., internal order, project) may not have any settlement rules defined, or the existing rules may not be valid.
  
  
  No Costs to Settle: There may be no costs available to settle for the specified period. If there are no costs posted to the cost object, the system cannot create settlement documents.
  
  
  Period Closure: The posting period for