How To Fix FAR_POSTING_RULES056 - Earmarked funds &1 does not exist, please enter a valid value.

SAP Error Message - Details

• Message type: E = Error

• Message class: FAR_POSTING_RULES - AR Posting Rules

• Message number: 056

• Message text: Earmarked funds &1 does not exist, please enter a valid value.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAR_POSTING_RULES056 - Earmarked funds &1 does not exist, please enter a valid value. ?

  The SAP error message FAR_POSTING_RULES056 indicates that the earmarked funds specified in a transaction do not exist in the system. This error typically occurs in the context of financial accounting or asset accounting when trying to post a transaction that references earmarked funds.
  Cause:
  
  Non-Existent Earmarked Funds: The earmarked funds you are trying to use in your transaction have not been created or do not exist in the system.
  Incorrect Input: The value entered for earmarked funds may be incorrect, possibly due to a typo or using an outdated reference.
  Authorization Issues: The user may not have the necessary permissions to access the earmarked funds.
  Configuration Issues: There may be configuration settings in the system that are not set up correctly, leading to the inability to recognize the earmarked funds.
  
  Solution:
  
  Verify Earmarked Funds: Check if the earmarked funds you are trying to use exist in the system. You can do this by navigating to the relevant transaction or report that lists earmarked funds.
  Correct Input: Ensure that the earmarked funds value you are entering is correct. Double-check for any typos or incorrect references.
  Create Earmarked Funds: If the earmarked funds do not exist, you may need to create them. This typically involves using the appropriate transaction code (e.g., FMX1 for creating earmarked funds).
  Check Authorizations: Ensure that you have the necessary authorizations to access and use earmarked funds. If not, contact your system administrator to grant the required permissions.
  Consult Configuration: If the issue persists, consult with your SAP configuration team to ensure that the system is set up correctly to recognize earmarked funds.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FMX1 (Create Earmarked Funds), FMX2 (Change Earmarked Funds), and FMX3 (Display Earmarked Funds).
  Documentation: Refer to SAP documentation or help files for more detailed information on managing earmarked funds and related financial processes.
  Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error message.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.