How To Fix VK479 - Settlement date & is not at a period end

SAP Error Message - Details

• Message type: E = Error

• Message class: VK - Pflege und Bearbeitung von Konditionen

• Message number: 479

• Message text: Settlement date & is not at a period end

What causes this issue?

Settlement date &V1& is not at the end of a period.

System Response

When you are using periodic partial payments, the system only allows
<DS:DE.PADAT>settlement dates</> that fall at the end of periods.

How to fix this error?

Check your entry or delete the settlement date, if necessary.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VK479 - Settlement date & is not at a period end ?

  The SAP error message VK479, which states "Settlement date & is not at a period end," 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 settlement date you are trying to use does not align with the period-end closing dates defined in the system.
  Cause:
  
  Settlement Date Misalignment: The settlement date you are trying to use falls on a date that is not the last day of a posting period. SAP requires that settlement processes occur at the end of a period to ensure accurate financial reporting and consistency in accounting.
  Period Closing Configuration: The periods in the controlling area may not be properly configured, or the period you are trying to settle may be closed or not open for posting.
  Incorrect Date Entry: The date entered for the settlement might be incorrect or not intended for the current period.
  
  Solution:
  
  Check the Settlement Date: Ensure that the settlement date you are using is indeed the last day of the relevant posting period. If it is not, change the date to the correct period-end date.
  Review Period Status: Go to the transaction code OB52 (or the relevant configuration for your version) to check the status of the posting periods. Ensure that the period you are trying to settle is open for posting.
  Adjust Configuration: If necessary, adjust the period settings in the controlling area to allow for settlements on the desired dates, but be cautious as this can affect financial reporting.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific configurations related to your organization's financial closing processes.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KOB1 (for order reports), KKAO (for settlement), and OB52 (for period control).
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message. SAP frequently releases notes that may address specific bugs or provide additional guidance.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to perform settlement operations, as restrictions can sometimes lead to errors.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult with an SAP expert for further troubleshooting.