How To Fix FI520 - Funds center &1 could not be saved in FM area &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 520

• Message text: Funds center &1 could not be saved in FM area &2

What causes this issue?

You have to change the center above funds center &V1&. An error has
arisen in the process which may have the following causes:
funds center &V1& and the superior center are the same
the new superior center is actually lower in the hierarchy than the
subhierarchy for funds center &V1&.

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?

Change the superior center so that neither of the above conflicts can
arise.
If the error has another cause, notify your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI520 - Funds center &1 could not be saved in FM area &2 ?

  The SAP error message FI520 indicates that a funds center could not be saved in a specific funds management (FM) area. This error typically arises in the context of SAP's Funds Management module, which is used for budget control and tracking of funds within an organization.
  Cause of the Error:
  
  Invalid Funds Center: The funds center specified may not exist or may not be properly defined in the system.
  Inconsistent Data: There may be inconsistencies in the data related to the funds center or the FM area.
  Authorization Issues: The user may not have the necessary authorizations to save changes related to the funds center in the specified FM area.
  Configuration Issues: The FM area may not be properly configured to accept the funds center, or there may be missing settings in the configuration.
  Locked Objects: The funds center or FM area may be locked for changes due to ongoing processes or transactions.
  
  Solution:
  
  Check Funds Center: Verify that the funds center exists and is correctly defined in the system. You can do this by navigating to the relevant configuration or master data transaction.
  Review FM Area Configuration: Ensure that the FM area is correctly configured to accept the funds center. Check the settings in the Funds Management configuration.
  Authorization Check: Ensure that the user has the necessary authorizations to perform the action. This may involve checking user roles and permissions.
  Data Consistency: Check for any inconsistencies in the data related to the funds center and FM area. This may involve reviewing related master data and transaction data.
  Unlock Objects: If the funds center or FM area is locked, determine the reason for the lock and resolve it. This may involve coordinating with other users or processes that are using the funds center.
  Consult Documentation: Refer to SAP documentation or help resources for additional guidance on the specific error message and its resolution.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FMX1 (Create Funds Center), FMX2 (Change Funds Center), or FMX3 (Display Funds Center) to manage funds centers.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide specific solutions or workarounds.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the FI520 error and implement a solution to resolve it.