How To Fix 3F720 - No budget type indicator stored in the customizing settings

SAP Error Message - Details

• Message type: E = Error

• Message class: 3F - Compensation Management

• Message number: 720

• Message text: No budget type indicator stored in the customizing settings

What causes this issue?

There is no budget type indicator in customizing for the budget type
that you are using from the current budget type group. Therefore, the
system does not know whether this is a monetary budget or a quantity
budget.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

In customizing, enter the appropriate budget type group and budget type
indicator for the budget type. If the budget is a monetary budget,
select the attribute <LS>monetary budget</>, if the budget is a
quantity budget, you must specify a budget type group unit (attribute
<LS>budget type group unit</>).
Contact your system administrator, so that he/she can make the entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 3F720 - No budget type indicator stored in the customizing settings ?

  The SAP error message 3F720 ("No budget type indicator stored in the customizing settings") typically occurs in the context of budget management within the SAP system, particularly when working with the Public Sector Management (PSM) module or similar budgeting functionalities.
  Cause:
  This error indicates that the system is unable to find a budget type indicator in the customizing settings for the budgetary control. This can happen due to several reasons:
  
  Missing Configuration: The budget type indicator has not been defined in the customizing settings.
  Incorrect Settings: The settings may be incorrectly configured or not aligned with the requirements of the budgetary control process.
  Transport Issues: If the configuration was recently transported from another system, it may not have been properly set up in the target system.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (IMG) by using transaction code SPRO.
  Navigate to Public Sector Management > Budget Control System > Define Budget Types.
  Ensure that the budget type indicator is defined and properly configured.
  
  
  
  Define Budget Type:
  
  If the budget type is not defined, you will need to create it. Make sure to specify all necessary parameters, including the budget type indicator.
  
  
  
  Assign Budget Type to the Relevant Objects:
  
  Ensure that the budget type is assigned to the relevant budgetary control objects (e.g., funds, commitment items).
  
  
  
  Check for Transport Issues:
  
  If the configuration was recently transported, verify that all necessary customizing settings were included in the transport request and that they were successfully imported into the target system.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to budget types and budgetary control for any additional configuration steps that may be required.
  
  
  
  Testing:
  
  After making the necessary changes, perform tests to ensure that the error no longer occurs and that budgetary control functions as expected.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB29 (for defining budget types) and S_ALR_87013558 (for budget reports).
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to budget type indicators and error message 3F720.
  User Roles: Ensure that the user has the necessary authorizations to access and modify customizing settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation.