Settlement profile in PS

[soubhagya_rout]

Hi,

Can anyone please explain the use of indicator of 100% validation? Is it only related to warning during settlement rule as mentioned in the help file?

Thanks,

Soubhagya

[Former Member]

Hi,

In the settlement profile, you define a range of control parameters for settlement. You must define the settlement profile before you can enter a settlement rule for a sender.

If you want to settle the costs each time to just one cost center or just one G/L account, you need a settlement profile. As you cannot maintain the settlement parameters during settlement to a receiver, you must save the settlement profile either in the order type or in the model order or reference order.

Recommendation

The settlement profile includes, among other things, the retention period for the settlement documents. You should bear in mind the following when you determine the retention period.

The settlement documents take up additional storage capacity. When a posting period is finally locked against further postings in Financial Accounting and Controlling, you can clear the settlement documents. However, you should build in a safety margin, as you will need the settlement documents if you have to cancel any settlements or repeat the period end close.

Thnaks,

Rau

[Former Member]

In SPRO, open the settlement profile, select the "100% validation" and hit F1. You will get your answer in detail. I could have directly pasted the explanation here but its against the forum rules.