How To Fix VK486 - Settlement date within settlement period &1 no longer possible

SAP Error Message - Details

• Message type: E = Error

• Message class: VK - Pflege und Bearbeitung von Konditionen

• Message number: 486

• Message text: Settlement date within settlement period &1 no longer possible

What causes this issue?

A settlement date is no longer possible in the settlement period &V1&.

System Response

The system tries to determine a valid <DS:DE.PADAT>settlement date</>.
However, in the <DS:DE.WFCID3>settlement period</> &V1&, there are no
longer any valid settlement dates, that have been entered before &V2&.

How to fix this error?

Check the definition of calendar &V1&. It may be necessary to correct
the calendar definition or create a new calendar.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VK486 - Settlement date within settlement period &1 no longer possible ?

  The SAP error message VK486, "Settlement date within settlement period &1 no longer possible," 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 falls within a period that has already been closed for posting.
  Cause:
  
  Closed Period: The most common cause of this error is that the settlement period you are trying to use has been closed in the system. In SAP, financial periods are often closed to prevent further postings, and any attempts to settle costs in a closed period will trigger this error.
  Incorrect Settlement Date: The settlement date you are trying to use may not be valid for the current configuration of your system or may not align with the allowed settlement dates for the cost object.
  Configuration Issues: There may be configuration settings in the controlling module that restrict settlement dates or periods.
  
  Solution:
  
  Check Period Status: Verify the status of the financial periods in the system. You can do this by navigating to the period closing settings in the controlling module (Transaction Code: OB52 for financial periods). Ensure that the period you are trying to settle is open.
  Change Settlement Date: If the period is closed, you may need to change the settlement date to a period that is open. This can be done in the settlement transaction where you specify the settlement date.
  Reopen Period: If necessary and if your business processes allow it, you can reopen the closed period. This should be done with caution and typically requires appropriate authorization.
  Consult Configuration: If the issue persists, consult with your SAP configuration team to ensure that the settings for settlement periods and dates are correctly configured according to your business requirements.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  KO88: Order Settlement
  KOB1: Order Line Item Display
  KSV5: Display Settlement Rule
  
  
  Documentation: Review SAP documentation or help files related to settlement processes in controlling (CO) to understand the implications of period closing and settlement rules.
  User Authorizations: Ensure that you have the necessary authorizations to perform settlement operations and to view period status.
  
  If the problem persists after trying the above solutions, it may be beneficial to consult with your SAP support team or refer to SAP Notes for any specific patches or updates related to this error message.