How To Fix VK481 - No valid settlement date could be determined

VK481 - Overview

• Message type: E = Error

• Message class: VK - Pflege und Bearbeitung von Konditionen

• Message number: 481

• Message text: No valid settlement date could be determined

What causes this issue?

The system is not in a position to propose a <DS:DE.PADAT>settlement
deadline</> for periodic partial settlement.

System Response

This is because it is no longer possible to have a settlement deadline
within the validity period (&V1& bis &V2&)
in accordance with <DS:DE.WFCID3>settlement period</> &V3&. There may
also be payments in future periods.

Error message extract from SAP system. Copyright SAP SE.

VK481 - Details

• The SAP error message VK481, "No valid settlement date could be determined," typically occurs in the context of settlement processes in SAP, particularly when dealing with sales and distribution (SD) or controlling (CO) modules. This error indicates that the system is unable to determine a valid settlement date for a transaction, which can hinder the completion of the settlement process.
  Causes of VK481
  
  
  Missing or Incorrect Configuration: The settlement profile or the configuration settings for the relevant transaction may not be set up correctly. This includes missing settlement rules or incorrect assignment of settlement types.
  
  
  Incomplete Master Data: The master data for the relevant objects (e.g., sales orders, cost centers, internal orders) may be incomplete or incorrect, leading to the inability to determine a settlement date.
  
  
  Settlement Period Issues: The settlement period may not be open or may not align with the transaction date, causing the system to be unable to find a valid