How To Fix FMAVC058 - Annual budget exceeded by &2 for several document items from item &1 on

FMAVC058 - Overview

• Message type: E = Error

• Message class: FMAVC - Message class AVC funds management

• Message number: 058

• Message text: Annual budget exceeded by &2 for several document items from item &1 on

What causes this issue?

The annual budget is exceeded by &V2& for several document items from
item &V1& onward. 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& = '058'
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.

FMAVC058 - Details

• The SAP error message FMAVC058 indicates that the annual budget has been exceeded for a specific document item. 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 total amount of the document items exceeds the available budget for the specified fiscal year. This can happen due to various reasons, such as:
  
  Budget Overcommitment: The total commitments or expenditures for the budget year have surpassed the allocated budget.
  Incorrect Budget Settings: The budget may not have been properly set up or released for the fiscal year.
  Document Items: The specific document items being processed may have amounts that, when summed, exceed the available budget.
  Changes in Budget: If there have been recent changes to the budget or if the budget was not updated to reflect new commitments.
  
  
  Solution:
  To resolve the FMAVC058 error, you can