How To Fix FI_E253 - No strategy assigned to FM area &1,sender year &2,closing operation &3

FI_E253 - Overview

• Message type: E = Error

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

• Message number: 253

• Message text: No strategy assigned to FM area &1,sender year &2,closing operation &3

What causes this issue?

No reassignment strategy has been assigned to the FM area, sender fiscal
year, and FM closing operation selected.

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?

For most FM closing operations, to define a reassignment derivation
strategy, the IMG activity is as follows:
<DS:SIMG._ISPSFM_FMYC>Define Derivation Strategy for Reassignment</>
For most FM closing operations, to assign a reassignment derivation
strategy to a FM area for a particular sender fiscal year and a
particular FM closing operation, the IMG activity is as follows:
<DS:SIMG._ISPS_V_FMREAS_RULES>Assign Strategy for Reassignment to FM
Area</>
For the FM closing operations CFAP (Provisional Closing for Reversing
Fund (Vendor)) and CFAR (Provisional Closing for Reversing Fund
(Customer)) related to cancelled funds, to define a reassignment
derivation strategy and to assign the reassignment derivation strategy
to a FM area for a particular sender fiscal year and a particular FM
closing operation, the IMG path is the following:
<DS:SIMG.SIMG_FMFG_CFREASST>Year-End Account Assignment Derivation</>
For the FM closing operations CFAS (Subsequent Postings for Reversing
Fund (Vendor)) related to cancelled funds, to define a reassignment
derivation strategy and to assign the reassignment derivation strategy
to a FM area for a particular sender fiscal year and a particular FM
closing operation, the IMG path is the following:
<DS:SIMG.SIMG_FMFG_CF_FOLLOW>Subsequent Process Account Assignment
Derivation</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FI_E253 - Details

• The SAP error message FI_E253 indicates that there is no strategy assigned to a specific Funds Management (FM) area for a given sender year and closing operation. This error typically arises during the execution of financial closing processes, particularly in the context of Funds Management.
  
  Cause:
  
  Missing Strategy Assignment: The primary cause of this error is that the system does not have a defined strategy for the specified FM area, sender year, and closing operation. This can happen if the configuration for Funds Management is incomplete or if the necessary settings have not been maintained.
  Incorrect Configuration: There may be an issue with the configuration settings in the Funds Management module, such as missing entries in the relevant customizing tables.
  Versioning Issues: If there are multiple versions or years being processed, the strategy for the specific year may not have been set up correctly.
  
  
  Solution:
  
  
  Check Configuration: 
  
  Go to the SAP Customizing Implementation Guide (IMG) and