How To Fix FMAVC505 - Select a valid derivation strategy for availability control ledger &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FMAVC - Message class AVC funds management

• Message number: 505

• Message text: Select a valid derivation strategy for availability control ledger &1

What causes this issue?

The derivation strategy (environment) &V3& you have selected does not
exist or cannot be used for availability control ledger &V1&.

System Response

Processing stops.

How to fix this error?

Select a valid derivation strategy (environment) with strategy ID &V2&.

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 FMAVC505 - Select a valid derivation strategy for availability control ledger &1 ?

  The SAP error message FMAVC505, which states "Select a valid derivation strategy for availability control ledger &1," typically occurs in the context of Availability Control (AVC) in SAP's Funds Management (FM) module. This error indicates that the system is unable to find a valid derivation strategy for the specified availability control ledger.
  Cause:
  
  Missing Derivation Strategy: The derivation strategy for the specified availability control ledger is not defined in the system.
  Incorrect Configuration: The configuration settings for the availability control ledger may be incorrect or incomplete.
  Ledger Not Active: The availability control ledger may not be active or properly set up in the system.
  Authorization Issues: There may be authorization issues preventing the system from accessing the necessary configuration.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Availability Control in the SAP system.
  Navigate to the path: SPRO > Public Sector Management > Funds Management > Availability Control > Define Derivation Strategies.
  Ensure that a valid derivation strategy is defined for the specified availability control ledger.
  
  
  
  Define Derivation Strategy:
  
  If no derivation strategy exists, create a new one that meets your organization's requirements.
  Ensure that the derivation strategy is linked to the correct availability control ledger.
  
  
  
  Activate Ledger:
  
  Verify that the availability control ledger is active. You can check this in the configuration settings under Define Availability Control Ledgers.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access and modify the availability control settings.
  
  
  
  Testing:
  
  After making the necessary changes, test the configuration by attempting to execute the transaction that previously generated the error.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FMAVC or FMAVC_LEDGER to access the relevant settings.
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring Availability Control and Derivation Strategies.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or Functional team for further investigation or to reach out to SAP support for assistance.