How To Fix FI741 - Value type & may not be carried forward in FM area &

FI741 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 741

• Message text: Value type & may not be carried forward in FM area &

What causes this issue?

Due to the settings for the selected update profile or due to the
Customizing settings for the closing operations in FM, no carryforward
is allowed in FM area &V2& for value type &V1& in the commitment budget
and/or payment budget.

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?

Delete the entry for this value type or select a different value type,
assign an update profile to the FM area which allows this value type to
be carried forward, or change the Customizing settings for the closing
operations in FM.

Error message extract from SAP system. Copyright SAP SE.

FI741 - Details

• The SAP error message FI741 indicates that a specific value type cannot be carried forward in the Funds Management (FM) area. This error typically arises during the year-end closing process or when trying to carry forward balances from one fiscal year to the next.
  
  Cause:
  The error message FI741 can occur due to several reasons:
  
  Incorrect Configuration: The value type in question may not be configured to allow carryforward in the Funds Management settings.
  Value Type Restrictions: Certain value types are inherently not allowed to be carried forward based on the business rules or settings in the system.
  Missing Customizing Settings: The necessary customizing settings for the value type in the FM area may not be properly defined.
  Data Inconsistencies: There may be inconsistencies or missing data in the FM area that prevent the carryforward process from completing successfully.
  
  
  Solution:
  To resolve the FI741 error, you can take the following steps:
  
  
  Check Value Type Configuration:
  
  Go to the Funds Management