How To Fix FI_E070 - Invalid overall budget posting. FM area &1, budget profile &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 070

• Message text: Invalid overall budget posting. FM area &1, budget profile &2

What causes this issue?

You are using the funds management system integrated with budgetary
ledger (BL) for FM area &V1&. For postings into the budgetary ledger,
the update profile must have the overall flag for the availability
control switched off. However, in this case budget profile &V2&, for
the availability control the overall flag is switched on.

System Response

Since availability control is conducted against the annual budget,
this action is not permitted when using the budgetary ledger.
The budgetary processor cannot post this document.

How to fix this error?

Correct the budget profile &V2& assigned to FM area &V1& or select
another one with availability control against annual budget only. Use
transaction OF12 to correct the budget profile or transaction OF34 to
assign another budget profile to the FM area. You can access these
transactions using the links below.

<DS:TRAN.OF12>Execute set up budget profiles</>
<DS:TRAN.OF34>Execute assign budget profile to FM area</>
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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI_E070 - Invalid overall budget posting. FM area &1, budget profile &2 ?

  The SAP error message FI_E070 ("Invalid overall budget posting. FM area &1, budget profile &2") typically occurs in the context of Funds Management (FM) when there is an issue with budget availability or configuration. Here’s a breakdown of the potential causes, solutions, and related information for this error:
  Causes:
  
  Budget Availability: The budget for the specified FM area and budget profile may not be available or may have been exhausted.
  Incorrect Budget Profile: The budget profile assigned to the FM area may not be correctly configured or may not allow for the type of posting being attempted.
  Configuration Issues: There may be issues with the configuration of the Funds Management settings, such as budget types, budget categories, or budget limits.
  Posting Date: The posting date may fall outside the budget period defined in the system.
  Authorization Issues: The user may not have the necessary authorizations to post to the budget.
  
  Solutions:
  
  
  Check Budget Availability:
  
  Navigate to the Funds Management module and check the budget availability for the specified FM area and budget profile.
  Ensure that there are sufficient funds available for the posting.
  
  
  
  Review Budget Profile Configuration:
  
  Go to the configuration settings for the budget profile and ensure that it is set up correctly for the intended postings.
  Verify that the budget profile allows for the type of transaction you are trying to execute.
  
  
  
  Adjust Budget Settings:
  
  If the budget has been exhausted, consider adjusting the budget or reallocating funds as necessary.
  You may need to create a new budget or increase the existing budget if it is permissible.
  
  
  
  Check Posting Date:
  
  Ensure that the posting date is within the valid budget period. If it is outside the period, adjust the posting date accordingly.
  
  
  
  Authorization Check:
  
  Verify that the user has the necessary authorizations to perform budget postings. If not, consult with your SAP security team to obtain the required permissions.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error message or provide additional guidance on troubleshooting.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FMAVCR01 (Budget Availability Control) to check budget availability or FMBB (Budgeting) to make adjustments.
  Documentation: Refer to SAP documentation on Funds Management for detailed information on budget profiles and availability control.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solutions to resolve it.