How To Fix FI_E004 - Open items/actuals budget status customizing missing for FM area &1

FI_E004 - Overview

• Message type: E = Error

• Message class: FI_E - Message Class for FM English Developers

• Message number: 004

• Message text: Open items/actuals budget status customizing missing for FM area &1

What causes this issue?

You are using the funds management system integrated with the budgetary
ledger (BL) for FM area &V1& and with account derivation for the United
States federal government.
Postings in the budgetary ledger require a derived FI-GL account for
each of the document line items. However, no single account has been
customized yet for open items/actuals budget status in FM area &V1&.
Account derivation for the US federal government is divided into the
following sections:
Budgeting
Revenue/statistical postings and open items/actuals budget resources
Open items/actuals for budget status
In this particular case, the account customizing entry must be created
for the third section.
Since you are using the account derivation for the federal government
of the United States, the account derivation must be done through
standard customizing.

System Response

The budgetary ledger processor cannot post this document. Before any
posting, the account derivation has to be customized at FM area level.

How to fix this error?

Use transaction OFBL to maintain the account derivation for open
items/actuals budget status for the US federal government in FM area
&V1&; alternatively use the link defined below.

<DS:TRAN.OFBL>Execute US federal government account derivation</>
ENDIF

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

Error message extract from SAP system. Copyright SAP SE.

FI_E004 - Details

• The SAP error message FI_E004 indicates that there is a missing configuration related to the budget status for open items or actuals in the Funds Management (FM) area specified. This error typically arises when the system is trying to process a transaction that requires budget control, but the necessary customizing settings have not been defined.
  
  Cause:
  The error occurs due to one or more of the following reasons:
  
  Missing Customizing Settings: The budget status for the specified FM area has not been configured in the system.
  Incorrect FM Area: The FM area specified in the error message may not have been set up correctly or may not exist.
  Inconsistent Data: There may be inconsistencies in the data related to budget control settings.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Public Sector Management > Funds Management > Budget Control System > Define Budget Status for