How To Fix CMAC_FEE_CALC557 - Fund &1 does not exist in FM area &2

SAP Error Message - Details

• Message type: E = Error

• Message class: CMAC_FEE_CALC - Messages for Student Accounting

• Message number: 557

• Message text: Fund &1 does not exist in FM area &2

Procedure for System Administrators

There are two ways of solving this problem:
Change the standard fund for students.
Define fund &V1& for FM area &V2& (transaction code FM5I).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CMAC_FEE_CALC557 - Fund &1 does not exist in FM area &2 ?

  The SAP error message CMAC_FEE_CALC557 indicates that a specific fund does not exist in the specified Funds Management (FM) area. This error typically arises when there is an attempt to process a transaction or perform a calculation involving a fund that has not been defined or activated in the system for the given FM area.
  Cause:
  
  Fund Not Created: The fund specified in the error message has not been created in the system.
  Incorrect FM Area: The fund may exist, but it is not assigned to the FM area indicated in the error message.
  Data Entry Error: There may be a typographical error in the fund or FM area code being used in the transaction.
  Configuration Issues: The configuration settings for Funds Management may not be properly set up, leading to the fund not being recognized in the specified area.
  
  Solution:
  
  
  Check Fund Existence:
  
  Go to the Funds Management module and check if the fund exists in the system.
  Use transaction code FMX1 (Create Fund) or FMX2 (Change Fund) to verify the fund's details.
  
  
  
  Verify FM Area:
  
  Ensure that the fund is assigned to the correct FM area. You can check this in the configuration settings for Funds Management.
  Use transaction code OBY6 to check the assignment of funds to FM areas.
  
  
  
  Create or Activate Fund:
  
  If the fund does not exist, create it using transaction code FMX1.
  If it exists but is not active, ensure it is activated for the relevant FM area.
  
  
  
  Correct Data Entry:
  
  Double-check the input data for any typographical errors in the fund or FM area codes.
  
  
  
  Consult Configuration:
  
  If you suspect configuration issues, consult with your SAP configuration team to ensure that the Funds Management settings are correctly set up.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FMX1: Create Fund
  FMX2: Change Fund
  FMX3: Display Fund
  OBY6: Assign Funds to FM Areas
  
  
  
  Documentation: Refer to SAP Help documentation for Funds Management for detailed guidance on fund creation and management.
  
  
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  
  By following these steps, you should be able to resolve the error message CMAC_FEE_CALC557 and ensure that the fund is correctly set up in the specified FM area.