How To Fix FKKFMCHK060 - Prerequisites not met, posting area 2002 cannot be used

FKKFMCHK060 - Overview

• Message type: E = Error

• Message class: FKKFMCHK - Funds Management Checks/Derivations in FI-CA

• Message number: 060

• Message text: Prerequisites not met, posting area 2002 cannot be used

What causes this issue?

You can use posting area 2002 only if business function <LS>PSCD,
Collections Management and Correspondence Management</>
(PSCD_COLLECTIONS_MANAGEMENT_1) is active and you are also using
integration with either Funds Management or Grants Management.

System Response

You cannot make any settings in posting area 2002.

How to fix this error?

Check whether you meet the prerequisites.

Procedure for System Administrators

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.

FKKFMCHK060 - Details

• The SAP error message FKKFMCHK060 indicates that there are prerequisites that are not met for using posting area 2002 in the context of contract accounts receivable and payable (FI-CA). This error typically arises when trying to post a transaction that requires certain conditions to be fulfilled, but those conditions are not satisfied.
  Causes:
  
  
  Configuration Issues: The posting area 2002 may not be properly configured in the system. This could include missing settings related to the account determination or the integration with other modules.
  Missing Master Data: The necessary master data (like customer or vendor accounts) may not be set up correctly or may be missing.
  Posting Area Restrictions: There may be restrictions on the use of posting area 2002 based on the transaction type or the status of the account.
  Authorization Issues: The user may not have the necessary authorizations to perform postings in the specified posting area.
  
  Solutions:
  
  Check Configuration: Review the configuration settings for posting