How To Fix BQ224 - Financial budget value & less than distributed financial budget

SAP Error Message - Details

• Message type: E = Error

• Message class: BQ - Messages for Budgeting and Planning

• Message number: 224

• Message text: Financial budget value & less than distributed financial budget

What causes this issue?

The annual value in financial budget &V1& in one or more funds
center(s)/commitment item(s) is less than the distributed value.

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 entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BQ224 - Financial budget value & less than distributed financial budget ?

  The SAP error message BQ224 indicates that the financial budget value is less than the distributed financial budget. This typically occurs in the context of budget management within SAP, particularly when dealing with budgetary controls in financial accounting and controlling modules.
  Cause:
  The error arises when a transaction attempts to exceed the available budget. Specifically, it means that the system has detected that the amount being posted or planned exceeds the budget that has been allocated for that particular cost center, internal order, or project. This can happen due to:
  
  Incorrect Budget Allocation: The budget may not have been set up correctly, or the allocated budget is lower than the amount being attempted to be posted.
  Changes in Budget: If the budget was reduced after some commitments or actuals were already posted, it could lead to this error.
  Incorrect Posting Amount: The amount being posted may be incorrect or higher than intended.
  Budget Distribution Issues: There may be issues with how the budget has been distributed across different periods or cost centers.
  
  Solution:
  To resolve the BQ224 error, you can take the following steps:
  
  
  Check Budget Availability:
  
  Review the budget allocation for the relevant cost center, internal order, or project to ensure that sufficient budget is available for the transaction being processed.
  
  
  
  Adjust the Budget:
  
  If the budget is indeed insufficient, consider increasing the budget allocation through the appropriate SAP transaction (e.g., using transaction codes like CJ30 for projects or KP06 for cost centers).
  
  
  
  Review Commitments and Actuals:
  
  Check for any existing commitments or actuals that may have already consumed part of the budget. This can be done using reports like S_ALR_87013558 (for cost centers) or S_ALR_87013542 (for internal orders).
  
  
  
  Correct Posting Amount:
  
  Ensure that the amount being posted is correct. If it was entered incorrectly, adjust the transaction accordingly.
  
  
  
  Consult with Budget Owner:
  
  If you are unsure about the budget limits or allocations, consult with the budget owner or financial controller to clarify the budgetary constraints.
  
  
  
  Use Budgeting Reports:
  
  Utilize SAP budgeting reports to analyze budget consumption and availability. This can help in understanding where the budget is being utilized and if adjustments are necessary.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as S_ALR_87013558 (Cost Center Reports), S_ALR_87013542 (Internal Order Reports), and CJ30 (Project Budgeting).
  Budgeting Configuration: Understanding the configuration settings for budget control in SAP can also be beneficial. This includes settings in the controlling area and budget types.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to budget control and error messages.
  
  By following these steps, you should be able to identify the cause of the BQ224 error and take appropriate action to resolve it.