How To Fix REXCRAMS002 - Settlement year &1 is not valid

REXCRAMS002 - Overview

• Message type: E = Error

• Message class: REXCRAMS - Messages for Main Rent Statement

• Message number: 002

• Message text: Settlement year &1 is not valid

What causes this issue?

The settlement year is not allowed to be in the future.
The system does not support settlement for future calendar years.

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?

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 REXCRAMS002 - Settlement year &1 is not valid ?

  The SAP error message REXCRAMS002, which states "Settlement year &1 is not valid," typically occurs in the context of asset accounting or settlement processes within SAP. This error indicates that the specified settlement year is not recognized or valid in the system.
  
  Cause:
  
  Invalid Year: The year specified in the settlement process does not exist in the system's configuration. This could be due to a typo or an attempt to settle to a year that has not been opened for posting.
  Closed Fiscal Year: The fiscal year for the specified year may have been closed, preventing any further postings or settlements.
  
  Configuration Issues: The fiscal year variant may not be correctly configured to allow settlements for the specified year.
  Data Entry Error: The user may have entered an incorrect year during the settlement process.
  
  
  Solution:
  
  
  Check Fiscal Year Configuration:
  
  Go to the configuration settings for the fiscal year variant in SAP (Transaction code: OB29).
  Ensure that the fiscal year