How To Fix FMBLEXT016 - No accounts found in company code &1 and posting group &2

FMBLEXT016 - Overview

• Message type: E = Error

• Message class: FMBLEXT - Message class for Budgetary Ledger Extensions

• Message number: 016

• Message text: No accounts found in company code &1 and posting group &2

What causes this issue?

There are no accounts to be posted to in company code &V1& and posting
group &V2&.

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?

Add the accounts which you want to close using the IMG activity
<DS:SIMG.PSM_VC_FMBL_REGU>Define Settings for Year-end Balance for BL
Accounts</>.

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 FMBLEXT016 - No accounts found in company code &1 and posting group &2 ?

  The SAP error message FMBLEXT016 indicates that there are no accounts found in the specified company code and posting group. This error typically occurs in the context of financial transactions, particularly when dealing with budget management or financial postings.
  
  Cause:
  
  Missing Account Assignment: The specified posting group does not have any accounts assigned to it in the specified company code.
  Incorrect Configuration: The configuration for the budget or financial management may not be set up correctly, leading to the absence of valid accounts.
  Inactive or Deleted Accounts: The accounts that were previously assigned may have been deleted or marked as inactive.
  Incorrect Posting Group: The posting group specified in the transaction may be incorrect or not relevant for the current company code.
  
  
  Solution:
  
  
  Check Account Assignment:
  
  Go to the configuration settings for the relevant posting group in the SAP system.
  Ensure that the necessary accounts are assigned to the posting group for the specified company code.
  
  
  
  Review Configuration:
  
  Navigate to the