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

FI713 - Overview

• 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.

FI713 - Details

• 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 ->