How To Fix FI061 - Choose funds reservation and/or payment transfer

FI061 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 061

• Message text: Choose funds reservation and/or payment transfer

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.

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FI061 - Details

• The SAP error message FI061 ("Choose funds reservation and/or payment transfer") typically occurs in the context of the Funds Management (FM) module when there is an issue with the processing of financial transactions related to budgetary control. This error indicates that the system requires a selection of either a funds reservation or a payment transfer to proceed with the transaction.
  
  Cause:
  
  Missing Funds Reservation: The transaction you are trying to execute requires a funds reservation, but none has been created or selected.
  Incorrect Transaction Type: The transaction type you are using may not be compatible with the current budgetary control settings.
  
  Configuration Issues: There may be configuration settings in the Funds Management module that are not set up correctly, leading to this error.
  Budget Availability: The budget may not be available for the transaction you are trying to process.
  
  
  Solution:
  
  Create a Funds Reservation: If you haven't already, create a funds reservation for the relevant budget. This