How To Fix RESRTM034 - &1: settlement period outside the final settlement period

SAP Error Message - Details

• Message type: E = Error

• Message class: RESRTM - Error Texts for Sales-Based Rent Terms

• Message number: 034

• Message text: &1: settlement period outside the final settlement period

What causes this issue?

The time period for the settlement period has to be within the final
settlement period.

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

System Response

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RESRTM034 - &1: settlement period outside the final settlement period ?

  The SAP error message RESRTM034 indicates that there is an issue with the settlement period being outside the defined final settlement period. This typically occurs in the context of Asset Accounting or Real Estate Management when trying to settle costs or revenues for a specific period that is not allowed.
  Cause:
  The error is triggered when:
  
  You are attempting to execute a settlement for a period that has already been closed or finalized.
  The settlement period you are trying to use is not within the range of allowed periods defined in the system settings.
  The configuration for the settlement periods may not be set correctly, or the final settlement period has been defined incorrectly.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Settlement Period:
  
  Verify the period you are trying to settle. Ensure that it falls within the allowed settlement periods defined in your system.
  
  
  
  Review Configuration:
  
  Go to the configuration settings for the settlement periods in your SAP system. This can usually be found in the customizing settings under:
  
  SPRO > Financial Accounting > Asset Accounting > Periodic Processing > Settle Assets
  
  
  Ensure that the final settlement period is correctly defined and that the period you are trying to settle is not outside this range.
  
  
  
  Adjust the Period:
  
  If the period is indeed outside the final settlement period, you may need to adjust your settlement date or period to one that is valid.
  
  
  
  Check for Closed Periods:
  
  If the period has been closed in the financial year, you may need to reopen it if necessary, or you may need to perform the settlement in a different period.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific notes related to this error message, as there may be additional context or updates that could be relevant.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like AW01N (Asset Explorer) or S_ALR_87011963 (Asset History Sheet) to review asset details and settlement information.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that you have the necessary authorizations to perform settlements in the system, as lack of permissions can also lead to errors.
  
  By following these steps, you should be able to identify the cause of the RESRTM034 error and implement a solution to resolve it.