How To Fix FI_E071 - Invalid BL posting. Fund &1 in FM area &2 is either expired or cancelled

FI_E071 - Overview

• Message type: E = Error

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

• Message number: 071

• Message text: Invalid BL posting. Fund &1 in FM area &2 is either expired or cancelled

What causes this issue?

You are using the funds management system integrated with the budgetary
ledger (BL). For FM area &V2&, the BL is active with account derivation
for the United States. However, according to the US federal government
rules, it is only possible to enter new or supplementary budget
(budgetary authority) if the fund status is unexpired.
The fund status (unexpired, expired, or cancelled) is derived based on
the expiration and cancellation dates defined in the fund master record
compared against the posting date. The fund &V1& in FM area &V2& is
already either expired or cancelled.

System Response

The budgetary ledger processor cannot post this document.

How to fix this error?

If this is a special posting approved by an authorized person, the
expiration and/or cancellation dates could be temporarily changed in
order to accomplish this posting. If you are authorized, change the
fund master record accordingly using transaction FM5U (see link defined
below) and then restart the transaction.

<DS:TRAN.FM5U>Change fund master record</>
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_E071 - Details

• The SAP error message FI_E071 indicates that there is an issue with a budget line item (BL) posting in the Funds Management (FM) module. Specifically, the error states that the fund specified (denoted by &1) in the FM area (denoted by &2) is either expired or cancelled. This typically occurs when you attempt to post a transaction that references a fund that is no longer valid for the current fiscal year or period.
  Causes:
  
  Expired Fund: The fund you are trying to use has a validity period that has ended. This can happen if the fund was set up with a specific start and end date, and the current date falls outside of that range.
  Cancelled Fund: The fund may have been cancelled or deactivated in the system, making it unavailable for new postings.
  Incorrect FM Area: The FM area specified in the posting may not be correctly aligned with the fund being used.
  Posting