How To Fix BP471 - FM area & is not an euro FM area

SAP Error Message - Details

• Message type: E = Error

• Message class: BP - Budgeting and planning

• Message number: 471

• Message text: FM area & is not an euro FM area

What causes this issue?

You want to delete an FM area that is not a euro FM area. The program
only allows you to delete a euro FM area.

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?

Enter a euro FM area.
A list of all euro FM areas created in your system can be found in the
<ZH>Budget Planning in Euro</> IMG in section
<DS:SIMG._EURO_ADMINREC_SHOW> Display Management Records for Euro FM
Area </> (View V_FMEUROFIKR).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BP471 - FM area & is not an euro FM area ?

  The SAP error message BP471 indicates that the financial management (FM) area specified in the transaction is not a Euro FM area. This error typically arises when there is a mismatch between the currency settings of the FM area and the currency being used in the transaction.
  Cause:
  
  Currency Mismatch: The FM area you are trying to use is not configured to handle Euro transactions, but the transaction you are attempting to execute is in Euro.
  Configuration Issues: The FM area may not be set up correctly in the system to support Euro as a currency.
  Master Data Issues: The master data for the business partner or the FM area may not be correctly defined to allow Euro transactions.
  
  Solution:
  
  
  Check FM Area Configuration:
  
  Go to the configuration settings for the FM area in SAP.
  Ensure that the FM area is set up to accept Euro as a currency. This can usually be found in the customizing settings under Financial Management.
  
  
  
  Change Transaction Currency:
  
  If the FM area cannot be changed to accept Euro, consider changing the currency of the transaction to one that is supported by the FM area.
  
  
  
  Review Master Data:
  
  Check the master data for the business partner and ensure that it is correctly configured to allow transactions in the desired currency.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific configuration steps related to your version of SAP.
  
  
  
  Transaction Code:
  
  If you are using a specific transaction code, ensure that it is appropriate for the FM area and currency you are working with.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Transaction Codes: Familiarize yourself with transaction codes related to FM area configuration, such as OX15 (for defining FM areas) or FMX1 (for creating FM area).
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to the FM area settings.
  
  If the issue persists after checking these areas, it may be beneficial to reach out to your SAP support team for further assistance.