How To Fix VK488 - Status cred. memo req. created and final settlement carried out ignored

VK488 - Overview

• Message type: E = Error

• Message class: VK - Pflege und Bearbeitung von Konditionen

• Message number: 488

• Message text: Status cred. memo req. created and final settlement carried out ignored

What causes this issue?

You have chosen the activity 'Implement partial settlement' and would
also like to select agreements (such as bonus agreements), for which a
credit memo request has been created or which has already been totally
calculated. As it does not make sense to create a partial settlement
for these types of agreements, they are simply ignored.

System Response

The system only selects agreements with a different status.

How to fix this error?

Check whether you really want to carry out a partial settlement and
whether you have marked the right status.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VK488 - Status cred. memo req. created and final settlement carried out ignored ?

  The SAP error message VK488, which states "Status cred. memo req. created and final settlement carried out ignored," typically occurs in the context of sales and distribution (SD) or billing processes. This message indicates that a credit memo request has been created, but the system is ignoring it because a final settlement has already been carried out for the related transaction.
  
  Cause:
  
  Final Settlement Completed: The primary cause of this error is that a final settlement has already been processed for the transaction, which means that the system considers the financial aspects of the transaction to be closed.
  Credit Memo Request Status: The credit memo request may have been created after the final settlement, leading the system to ignore it since it cannot alter a settled transaction.
  
  Configuration Issues: There may be configuration settings in the system that dictate how credit memos and settlements are handled, which could lead to this message if not