Use

For almost all sender objects there is an individual and a collective settlement.

You use individual settlement to analyze settlement results in greater detail.

Collective settlement is for processing a large number of sender objects. You normally use this during period-end closing to start settlement in the background.

You can choose to simulate settlement (test run) or start it as an update run. For given objects, you can run the settlement in the background or get the system to display the settlement results in a detailed list.

Prerequisites

If you have already settled for subsequent periods, you must first reverse the settlements for those periods.

You can only repeat settlements in a period if the settlement documents have not yet been archived.

When you repeat settlement in a period, the system only includes the postings that you made since the last settlement. This is also the case when you post this type of settlement in a later period.

Features

You can repeat settlement for a given period at any time. For example, because postings were made in that period after settlement had taken place.

You can also make settlements in a later posting period instead of within the settlement period. This is useful if the settlement period is already locked for the posting period, but not all costs have been settled for the settlement period. However, you need to have made the settlement within the current fiscal year.

Reversing settlements

Settlements can be reversed both for individual settlement and collective settlement. However, you can only reverse the last settlement you performed for a sender. If you have settled a sender more than once within a period, you must also reverse the settlements one by one. First, you reverse the last settlement for the period, then the second-to- last, and so on.

If, within a given period, you want to reverse a settlement from a previous period, you need to reverse the subsequent settlements first.