How To Fix FI721 - Generation of budget objects only possible from budget or posting objects

FI721 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 721

• Message text: Generation of budget objects only possible from budget or posting objects

What causes this issue?

Budget objects can only be generated from
<DS:GLOS.Budget structure plan elements>BSt elements</> which are
budget or posting objects.

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?

Error message extract from SAP system. Copyright SAP SE.

FI721 - Details

• The SAP error message FI721 ("Generation of budget objects only possible from budget or posting objects") typically occurs in the context of budget management within the SAP system, particularly when dealing with budgetary control and the creation of budget objects.
  
  Cause:
  This error usually arises when there is an attempt to create or generate budget objects without the necessary prerequisites being met. Specifically, it can occur in the following scenarios:
  
  
  Missing Budget or Posting Objects: The system requires that a budget or posting object exists before it can generate a budget object. If you are trying to create a budget object directly without having a corresponding budget or posting object, this error will be triggered.
  
  
  Incorrect Configuration: There may be configuration issues in the budget management settings that prevent the system from recognizing the necessary objects.
  
  
  Authorization Issues: Sometimes, the user may not have the required authorizations to create or manage budget objects, leading to