3277721 - Error M7087 'Back-posting only w. same price control (cur. mnth &, prv. mnth &)' During Settlement

You are running "Run Actual Settlement" or "Settle Orders - Optimized" for order settlement in the previous period and receive error message M7087: 'Back-posting only w. same price control (cur. mnth &, prv. mnth &)'.
The Material Ledger and Actual Costing is active for the material/plant involved in the order settlement: price determination = '3', price control = 'S'.
You have run the Post closing step in 'Edit Actual Costing Runs' with the parameter 'Revaluate material', as a consequence the price control in the previous period has been changed to 'V'.

SAP S/4HANA Cloud

Error M7087, Back-posting, Price Control, Actual Cost, Settle Order , KBA , CO-PC-ACT , Actual Costing , CO-PC-OBJ , Cost Object Controlling , CO-PC-ACT-2CL , Actual Costing (Public Cloud) , Problem