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

SAP Error Message - Details

• 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 the settlement may be closed. If the period is closed, the system will not allow any new postings or settlements.
  
  
  Errors in Previous Steps: There may be errors in previous steps of the process that need to be resolved before settlement can occur.
  
  
  Authorization Issues: The user may not have the necessary authorizations to perform the settlement.
  
  
  Solutions to MN747 Error
  
  
  Check Settlement Rules: Ensure that the cost object has valid settlement rules defined. You can do this by navigating to the relevant transaction (e.g., KO02 for internal orders) and checking the settlement profile and rules.
  
  
  Review Configuration: Verify the configuration settings for the settlement profile and allocation structure. Ensure that they are correctly set up for the type of cost object you are working with.
  
  
  Check Costs: Confirm that there are costs available to settle. You can check the cost object for any posted costs.
  
  
  Open Posting Period: Ensure that the posting period for the settlement is open. You can check this in the period closing transaction (e.g., OB52).
  
  
  Review Logs: Check the list log mentioned in the error message for more detailed information about why the settlement documents could not be created. This log can provide specific error messages or warnings that need to be addressed.
  
  
  User Authorizations: Ensure that the user has the necessary authorizations to perform the settlement. This may require coordination with your SAP security team.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for additional guidance on settlement processes and troubleshooting.
  
  
  Related Information
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KO02 (Change Internal Order), KO03 (Display Internal Order), and KOB1 (Order: Actual Line Items) to analyze the cost object.
  SAP Notes: Check for any SAP Notes related to the MN747 error for specific patches or updates that may address known issues.
  Community Forums: Engage with SAP community forums or support channels for additional insights and shared experiences from other users who may have encountered the same error.
  
  By following these steps, you should be able to identify the root cause of the MN747 error and implement the necessary solutions to resolve it.