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.

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• 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