How To Fix BQ017 - Annual budget & less than distributed budget

BQ017 - Overview

• Message type: E = Error

• Message class: BQ - Messages for Budgeting and Planning

• Message number: 017

• Message text: Annual budget & less than distributed budget

What causes this issue?

The annual budget &V1& for one or more funds center(s)/commitment
item(s) is less than the distributed 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?

Error message extract from SAP system. Copyright SAP SE.

BQ017 - Details

• The SAP error message BQ017, which states "Annual budget & less than distributed budget," typically occurs in the context of budget management within SAP's Controlling (CO) or Financial Accounting (FI) modules. This error indicates that the system has detected a situation where the annual budget allocated for a particular cost center, internal order, or project is less than the amount that has already been distributed or committed against that budget.
  
  Cause:
  
  Budget Overcommitment: The most common cause of this error is that the total amount of expenses or commitments (such as purchase orders, planned costs, etc.) exceeds the annual budget that has been set for that cost center or project.
  Incorrect Budget Settings: There may be an error in the budget settings, such as incorrect budget amounts entered or budget periods not properly defined.
  Changes in Budget: If the budget was reduced after commitments were made, this could lead to the error.
  Data Entry Errors: