How To Fix BQ124 - Annual budget for commitments & less than annual release

BQ124 - Overview

• Message type: E = Error

• Message class: BQ - Messages for Budgeting and Planning

• Message number: 124

• Message text: Annual budget for commitments & less than annual release

What causes this issue?

The annual values in commitment budget &V1& for one or more funds
centers/commitment items &V1& are less than the annual release.

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?

Check your input.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BQ124 - Annual budget for commitments & less than annual release ?

  The SAP error message BQ124, which states "Annual budget for commitments & less than annual release," typically occurs in the context of budget management within SAP's Controlling (CO) or Public Sector Management (PSM) modules. This error indicates that the total commitments (obligations) for a budget exceed the annual budget release (the amount of budget that has been allocated for spending).
  
  Cause:
  
  Budget Overcommitment: The total commitments made against a budget exceed the amount that has been released for that budget year.
  Incorrect Budget Release: The budget may not have been released correctly or fully for the fiscal year.
  Data Entry Errors: There may be errors in data entry when creating commitments or budget releases.
  
  Configuration Issues: There could be issues with the configuration of budget control settings in SAP.
  
  
  Solution:
  
  Review Budget Releases: Check the budget release for the relevant fiscal year to ensure that it is sufficient to cover the commitments. If necessary, increase the budget