How To Fix FMAVC056 - Annual budget almost exhausted for document item &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FMAVC - Message class AVC funds management

• Message number: 056

• Message text: Annual budget almost exhausted for document item &1

What causes this issue?

The current budget consumption is &V2& less than the annual budget for
the document item &V1&. Budget control on incoming amounts (
<DS:DE.BUAVC_CEILTYPE>ceiling type</> <ZK>Revenues</>) raised this
message for the following combination of availability control ledger,
fiscal year (and if applicable, <DS:DE.FM_CEFFYEAR_BCS>year of cash
effectivity</>) and control object:
<ZH>&V3&</><ZH>&V4&</>
DEFINE &N& = '056'
INCLUDE FMAVC_ANNUAL_MESSAGE_EXT

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMAVC056 - Annual budget almost exhausted for document item &1 ?

  The SAP error message FMAVC056 indicates that the annual budget for a specific document item is nearly exhausted. This message is part of the Funds Management (FM) module in SAP, which is used to manage budgets and ensure that expenditures do not exceed allocated funds.
  
  Cause:
  The error occurs when the system detects that the budget for the fiscal year is close to being fully utilized. This can happen due to:
  
  High Expenditure: The total expenditures against the budget have reached a threshold that is close to the annual budget limit.
  Budgeting Errors: Incorrect budget allocations or underestimations of expected expenses.
  Multiple Document Items: If multiple document items are being processed, the cumulative effect may lead to the budget nearing exhaustion.
  
  
  Solution:
  To resolve the FMAVC056 error, consider the following steps:
  
  
  Review Budget Status:
  
  Check the current budget utilization for the relevant cost center or fund. You can do this using transaction codes like FMBB (Budgeting) or FMAVCR01 (Budget