How To Fix FMAVC501 - Activation of ledger &1 not possible: missing or invalid attributes

FMAVC501 - Overview

• Message type: E = Error

• Message class: FMAVC - Message class AVC funds management

• Message number: 501

• Message text: Activation of ledger &1 not possible: missing or invalid attributes

What causes this issue?

The <DS:DE.BUAVC_ALDNR>availability control ledger</> &V1& cannot be
activated for FM area &V2& from fiscal year &V3& on, due to missing or
invalid ledger attributes.

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?

Maintain valid attributes for ledger &V1& and FM area &V2& in the IMG
activity <DS:SIMG._ISPSFM_V_FMAVCLDGRA>Assign Tolerance Profiles and
Derivation Strategy for Control Objects</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FMAVC501 - Details

• The SAP error message FMAVC501 indicates that there is an issue with the activation of a ledger due to missing or invalid attributes. This error typically occurs in the context of the Funds Management (FM) module when trying to activate a ledger for budget control.
  
  Cause:
  The error can be caused by several factors, including:
  
  
  Missing Attributes: The ledger you are trying to activate may not have all the required attributes defined. This could include missing settings for budget types, commitment items, or other necessary configurations.
  
  
  Invalid Attributes: The attributes that are defined for the ledger may not be valid. This could happen if there are inconsistencies in the configuration or if the attributes do not match the expected values.
  
  
  
  Configuration Issues: There may be issues in the configuration of the Funds Management module, such as incorrect settings in the FM area, budget structure, or ledger settings.
  
  
  Authorization Issues: Sometimes, the user may not have the