How To Fix NAA507 - No settlement run exists for arrangement &1

SAP Error Message - Details

• Message type: E = Error

• Message class: NAA - Subsequent settlement (Purchasing)

• Message number: 507

• Message text: No settlement run exists for arrangement &1

What causes this issue?

No settlement runs exist for arrangement &V1&. Settlement accounting
has probably not been performed for the arrangement yet.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check your entries. Program <ds:TRAN.MEBM>RWMBON14</> allows you to
display settlement runs.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message NAA507 - No settlement run exists for arrangement &1 ?

  The SAP error message NAA507 "No settlement run exists for arrangement &1" typically occurs in the context of the SAP Contract Accounts Receivable and Payable (FI-CA) module. This error indicates that the system cannot find a settlement run associated with the specified arrangement (identified by &1).
  Cause:
  
  No Settlement Run Created: The most common cause is that a settlement run has not been executed for the specified arrangement. This could be due to the arrangement not being processed or settled yet.
  Incorrect Arrangement Number: The arrangement number provided may be incorrect or does not exist in the system.
  Settlement Run Not Completed: The settlement run may have been started but not completed successfully, leading to the absence of a valid settlement run.
  Data Consistency Issues: There may be inconsistencies in the data or configuration that prevent the system from recognizing the settlement run.
  
  Solution:
  
  Check Settlement Runs: Verify if a settlement run has been created for the arrangement. You can do this by navigating to the relevant transaction in SAP (e.g., transaction code FQEVENT or FQ1D) and checking the settlement runs associated with the arrangement.
  Create a Settlement Run: If no settlement run exists, you may need to create one. This can typically be done through the transaction for executing settlement runs (e.g., FQ1D).
  Verify Arrangement Number: Ensure that the arrangement number you are using is correct. Double-check for any typographical errors or incorrect references.
  Check for Errors in Previous Runs: If a settlement run was attempted but failed, check the logs for any errors that may have occurred during the process. Resolve any issues before attempting to create a new settlement run.
  Consult Documentation: Review SAP documentation or help resources for specific details related to the settlement process in your version of SAP.
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FQ1D (Settlement Run) and FQEVENT (Event Management).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to view and create settlement runs in the system.
  System Configuration: Review the configuration settings for the FI-CA module to ensure that everything is set up correctly for settlement processing.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution.