How To Fix FMAVC061 - Overall budget of &2 exhausted for &1

FMAVC061 - Overview

• Message type: E = Error

• Message class: FMAVC - Message class AVC funds management

• Message number: 061

• Message text: Overall budget of &2 exhausted for &1

What causes this issue?

The overall budget of the availability control ledger &V2& has been
consumed for the FM account assignment &V1&. Depending on the type of
document, this FM account assignment is either a budget address, posting
address, or RIB object/RIB source address representing an RIB rule with
call procedure.
Budget control on incoming amounts (<DS:DE.BUAVC_CEILTYPE>ceiling type
</> <ZK>Revenues</>) raised this message for the following combination
of availability control ledger (and if applicable,
<DS:DE.FM_CEFFYEAR_BCS>year of cash effectivity</>) and control object:
<ZH>&V3&</><ZH>&V4&</>
DEFINE &N& = '061'
INCLUDE FMAVC_OVERALL_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.

FMAVC061 - Details

• The SAP error message FMAVC061 indicates that the overall budget for a specific budget structure (represented by &2) has been exhausted for a particular commitment item or cost center (represented by &1). This error typically occurs in the context of budget control in SAP's Funds Management (FM) module, where the system checks whether there are sufficient budgetary resources available before allowing a transaction to proceed.
  
  Cause:
  
  Exhausted Budget: The primary cause of this error is that the total budget allocated for the specified budget structure has been fully utilized. This means that no further expenditures can be made against this budget until additional funds are allocated or the budget is adjusted.
  Incorrect Budgeting: There may be an issue with how the budget was set up, such as incorrect amounts or budget periods.
  Commitment Items: The specific commitment item or cost center may have reached its limit, leading to the overall budget being exhausted.
  Budget Release: