How To Fix FI658 - Company code &: assigned budget profile for fund does not exist

FI658 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 658

• Message text: Company code &: assigned budget profile for fund does not exist

What causes this issue?

Budget profile &V3& for the fund in FM area &V2&, which is assigned to
company code &V1&, does not exist.

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?

In the Funds Management implementation guide, enter a budget profile
for the fund, and assign it to the FM area.

Error message extract from SAP system. Copyright SAP SE.

FI658 - Details

• The SAP error message FI658 indicates that there is an issue with the budget profile assigned to a fund in the context of financial accounting. Specifically, it means that the system cannot find a budget profile for the specified company code and fund combination. Here’s a breakdown of the cause, solution, and related information for this error:
  
  Cause:
  
  Missing Budget Profile: The budget profile for the specified fund in the company code does not exist in the system.
  Incorrect Configuration: The configuration settings for the fund or budget profile may not have been set up correctly.
  Fund Assignment: The fund may not be properly assigned to the company code or may not be activated.
  Data Entry Error: There may be a typo or incorrect entry in the fund or company code when processing the transaction.
  
  
  Solution:
  
  
  Check Budget Profile Assignment:
  
  Go to the configuration settings in SAP (transaction code SPRO).
  Navigate to Public Sector Management > Budget Control System