How To Fix FI713 - FM area & does not exist -> You cannot create this application of funds

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 713

• Message text: FM area & does not exist -> You cannot create this application of funds

What causes this issue?

You cannot create an application of fund for an FM area which does not
exist.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

First enter an FM area with the name you have entered. To do this, go
to the implementation guide and choose <LS>Corporate structure ->
Definition -> Accounting -> Treasury -> Create Funds Management
Area.</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI713 - FM area & does not exist -> You cannot create this application of funds ?

  The SAP error message FI713, which states "FM area & does not exist -> You cannot create this application of funds," typically occurs in the context of Funds Management (FM) in SAP. This error indicates that the system cannot find the specified Funds Management area, which is necessary for processing the application of funds.
  Cause:
  
  Non-Existent FM Area: The FM area specified in the transaction does not exist in the system.
  Incorrect Configuration: The FM area may not be properly configured or activated in the system.
  Authorization Issues: The user may not have the necessary authorizations to access the specified FM area.
  Data Entry Error: There may be a typographical error in the FM area code entered in the transaction.
  
  Solution:
  
  
  Check FM Area Configuration:
  
  Go to the configuration settings in SAP and verify that the FM area exists. You can check this in the transaction code SPRO under:
  Public Sector Management -> Funds Management -> Master Data -> Define FM Areas
  
  Ensure that the FM area is correctly defined and activated.
  
  
  
  Verify FM Area in Transaction:
  
  Double-check the FM area code you are entering in the transaction. Make sure it is correct and matches the defined FM areas in the system.
  
  
  
  User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the FM area. This can be checked with the help of your SAP security team or by using transaction SU53 to analyze authorization issues.
  
  
  
  Consult Documentation:
  
  If the FM area is newly created, ensure that all necessary settings and dependencies are configured correctly. Refer to SAP documentation or consult with a functional consultant for guidance.
  
  
  
  Check for Transport Issues:
  
  If the FM area was recently transported from another system, ensure that the transport was successful and that all related objects were included.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  SPRO: For configuration settings.
  FMAVCR01: To check the FM area and its settings.
  SU53: To analyze authorization issues.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to the error message FI713. You can search for relevant notes in the SAP Support Portal.
  
  
  Documentation: Review the SAP Help Portal for detailed information on Funds Management and related configuration settings.
  
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Funds Management for further assistance.