How To Fix FI992 - No FM area for free item &

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 992

• Message text: No FM area for free item &

What causes this issue?

Inconsistencies in the data

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?

You cannot use Cash Budget Management. Get details from the error log
and contact the hotline.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI992 - No FM area for free item & ?

  The SAP error message FI992 "No FM area for free item &" typically occurs in the context of Funds Management (FM) when you are trying to process a transaction that involves a free item (such as a free text item) but the system cannot find a corresponding Funds Management area for that item. This can happen in various scenarios, such as during the posting of invoices, budget transfers, or other financial transactions.
  Cause:
  
  Missing FM Area: The most common cause is that the free item does not have an associated Funds Management area defined in the system.
  Configuration Issues: There may be configuration issues in the Funds Management settings, such as missing or incorrect assignment of FM areas to the relevant company codes or controlling areas.
  Item Type: The item type being used may not be configured to allow for FM area assignment.
  Master Data Issues: The master data for the relevant accounts or cost centers may not be set up correctly to link to the FM area.
  
  Solution:
  
  
  Check FM Area Configuration:
  
  Go to the transaction code OBY6 (or the relevant configuration path) to check the configuration of the FM area.
  Ensure that the FM area is correctly assigned to the company code and that it is active.
  
  
  
  Review Free Item Settings:
  
  Check the settings for the free item in the relevant transaction. Ensure that it is configured to have an FM area assigned.
  If necessary, modify the item type to ensure it can be linked to an FM area.
  
  
  
  Master Data Review:
  
  Review the master data for the accounts or cost centers involved in the transaction. Ensure that they are correctly linked to the FM area.
  Use transaction codes like FS00 (for G/L accounts) or KS01 (for cost centers) to check the settings.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring Funds Management areas and free items.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, FS00, KS01, and FMX1 for managing FM areas and related settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to perform the transaction involving FM areas.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Funds Management for further assistance.