How To Fix FMAVC502 - Activation of ledger &1 not possible: budget filter settings are missing

FMAVC502 - Overview

• Message type: E = Error

• Message class: FMAVC - Message class AVC funds management

• Message number: 502

• Message text: Activation of ledger &1 not possible: budget filter settings are missing

What causes this issue?

<DS:DE.BUAVC_ALDNR>Availability control ledger</> &V1& cannot be
activated for FM area &V2& from fiscal year &V3& on, due to missing
budget filter settings.

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 the required filter settings for ledger &V1& and FM area &V2&
in the IMG activity <DS:SIMG._ISPSFM_V_FMAVCBUDFI>Maintain filter
settings for availability control ledger</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FMAVC502 - Details

• The SAP error message FMAVC502 indicates that there is an issue with the budget filter settings for a specific ledger in the Funds Management (FM) module. This error typically occurs when you attempt to activate a ledger, but the necessary budget filter settings have not been defined or are incomplete.
  
  Cause:
  The error is caused by the absence of budget filter settings for the specified ledger. Budget filters are essential for controlling budget availability and ensuring that budget checks are performed correctly. If these settings are missing, the system cannot activate the ledger.
  
  Solution:
  To resolve the FMAVC502 error, you need to define the budget filter settings for the affected ledger. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Public Sector Management -> Funds Management -> Budget Control System -> Define Budget Filters
  
  
  
  
  Define Budget Filters:
  
  In the configuration