How To Fix BP602 - & budget exceeded year &

SAP Error Message - Details

• Message type: E = Error

• Message class: BP - Budgeting and planning

• Message number: 602

• Message text: & budget exceeded year &

What causes this issue?

In &V1&, payment budget &V3& for fiscal year &V2& has been exceeded by
&V4&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BP602 - & budget exceeded year & ?

  The SAP error message BP602 typically indicates that a budget has been exceeded for a particular fiscal year or period. This error is often encountered in the context of budget management and financial planning within SAP systems, particularly in modules like SAP Controlling (CO) or SAP Project System (PS).
  Cause of BP602 Error
  
  Budget Limit Exceeded: The primary cause of this error is that the actual or planned expenses have exceeded the budget allocated for a specific cost center, internal order, or project.
  Incorrect Budget Settings: There may be issues with how the budget is set up, such as incorrect budget amounts or periods.
  Posting Period Issues: The posting might be attempted in a period that is not open for posting, or the budget might not be valid for that period.
  Configuration Issues: There could be configuration issues in the budget control settings in SAP.
  
  Solutions to BP602 Error
  
  Review Budget Allocation: Check the budget allocation for the relevant cost center, internal order, or project. Ensure that the budget is sufficient to cover the planned or actual expenses.
  Adjust Budget: If necessary, increase the budget allocation for the relevant period or project. This can be done through the budget transfer or budget adjustment transactions in SAP.
  Check Posting Period: Ensure that the posting is being made in an open period. If the period is closed, you may need to open it or post in a different period.
  Analyze Actuals vs. Plan: Review the actual expenses against the planned budget to identify any discrepancies or unexpected costs.
  Configuration Review: If the issue persists, review the configuration settings for budget control in SAP. This may involve checking the settings in the controlling area or the specific budget management settings.
  Consult with Finance Team: If you are unsure about how to proceed, consult with your finance or controlling team for guidance on budget management practices.
  
  Related Information
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  KSB1: Display Actual Line Items for Cost Centers
  S_ALR_87013611: Budget/Actual/Commitment Report
  CJ30: Maintain Budget for Projects
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to budget management and error BP602.
  Documentation: Refer to SAP documentation for budget management and controlling to understand the processes and configurations better.
  
  By following these steps, you should be able to identify the cause of the BP602 error and take appropriate action to resolve it.