3293324 - Error message C0718 when trying to mass perform TECO for production orders

When trying to mass perform TECO for production orders, below error occurs. 

"Postprocessing records for order xxxxxxxx prevent technical closing
Message no. CO718"

SAP S/4HANA Cloud

Postprocess error records for goods movements, Postprocess error records for actual costs, Postprocess flagged processes, COGI, CO1P, COFC, CO718, CO/718, TECO, Mass Processing Production Orders , COHV, Reprocess Goods Movements, Predefined Confirmation Processes, Reprocess Errors in Actual Costs , KBA , PP-SFC-CPL-2CL , Order Close (Public Cloud) , PP-SFC-CPL , Order Close , Problem