How To Fix FI688 - Company code &: No commitment item assigned for unassigned expenditures

FI688 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 688

• Message text: Company code &: No commitment item assigned for unassigned expenditures

What causes this issue?

Commitment item &V3& for unassigned expenditures does not exist in FM
area &V2&, which is assigned to company code &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?

Create this specific commitment item as part of master data
maintenance. Make it an account assignment item (transaction 30, item
category 03), then go to the implementation guide and assign it to the
FM area (choose <LS>Actual transactions ->FM line items)</>.

Error message extract from SAP system. Copyright SAP SE.

FI688 - Details

• The SAP error message FI688 ("Company code &: No commitment item assigned for unassigned expenditures") typically occurs in the context of financial accounting and controlling when there are unassigned expenditures that do not have a corresponding commitment item. This can happen during the posting of transactions related to budgetary control or when trying to process certain financial documents.
  
  Cause:
  
  Missing Commitment Item: The primary cause of this error is that the system cannot find a commitment item assigned to the expenditure. Commitment items are used in budgetary control to track expenditures against the budget.
  
  Configuration Issues: There may be configuration issues in the Financial Accounting (FI) or Controlling (CO) modules, particularly related to budget management.
  Incorrect Document Type: The document type being used may not be configured to allow for the assignment of commitment items.
  Missing Master Data: The relevant master data (like cost centers, internal orders, etc.) may not be properly set up or