How To Fix T1287 - Settlement is still open with Due Date &1

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 287

• Message text: Settlement is still open with Due Date &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message T1287 - Settlement is still open with Due Date &1 ?

  The SAP error message T1287, which states "Settlement is still open with Due Date &1," typically occurs in the context of asset accounting or project systems when there are open settlements that have not been completed by the specified due date. This can happen in various scenarios, such as when trying to close a period or when attempting to execute a settlement process.
  Cause:
  
  Open Settlements: There are one or more settlements that are still open and have not been processed or completed.
  Due Date: The error message indicates that the due date for the settlement has passed, but the settlement has not been executed.
  Incomplete Transactions: There may be incomplete or pending transactions related to the asset or project that need to be addressed before the settlement can be completed.
  Configuration Issues: There may be configuration settings in the system that are preventing the settlement from being processed.
  
  Solution:
  
  
  Check Open Settlements: 
  
  Navigate to the relevant transaction (e.g., Asset Accounting or Project System) and check for any open settlements that need to be processed.
  Use transaction codes like AW01N (Asset Explorer) or CJ20N (Project Builder) to review the status of assets or projects.
  
  
  
  Process Settlements: 
  
  If there are open settlements, process them by executing the settlement transaction (e.g., KO88 for project settlements or ABZON for asset settlements).
  Ensure that all necessary data is complete and correct before executing the settlement.
  
  
  
  Review Due Dates: 
  
  Check the due dates for the settlements and ensure that they are correctly set. If necessary, adjust the due dates or the settlement parameters.
  
  
  
  Clear Incomplete Transactions: 
  
  Identify and resolve any incomplete transactions that may be blocking the settlement process. This may involve correcting errors or completing missing entries.
  
  
  
  Consult Documentation: 
  
  Review SAP documentation or help files related to asset accounting or project systems for additional guidance on handling settlements.
  
  
  
  System Configuration: 
  
  If the issue persists, consult with your SAP Basis or configuration team to review the system settings and ensure that everything is configured correctly for settlements.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  KO88: Project Settlement
  ABZON: Asset Transfer
  AW01N: Asset Explorer
  CJ20N: Project Builder
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to settlements and this error message.
  User Roles: Ensure that the user has the necessary authorizations to perform settlement transactions.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.