How To Fix FMBS153 - No not-relevant elements selected for FM area &1 and fiscal year &2

FMBS153 - Overview

• Message type: E = Error

• Message class: FMBS - Budget structure

• Message number: 153

• Message text: No not-relevant elements selected for FM area &1 and fiscal year &2

What causes this issue?

When you maintain budget/posting addresses in the multi-level budget
structure, no FM account assignment (FMAA) element is selected for
not-relevant FMAA in FM area &V1& and fiscal year &V2&.
Possible causes are:.
No master data maintained
The selection options you specified on the selection screen are too
restrict.

System Response

Processing stops.

How to fix this error?

Maintain corresponding master data in FM area&V1& and fiscal year &V2&
or change the selection options.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

FMBS153 - Details

• The SAP error message FMBS153 indicates that there are no not-relevant elements selected for a specific Funds Management (FM) area and fiscal year. This error typically arises when you are trying to execute a transaction or report that requires the selection of not-relevant elements, but none have been defined for the specified FM area and fiscal year.
  
  Cause:
  
  No Not-Relevant Elements Defined: The primary cause of this error is that there are no not-relevant elements configured for the specified FM area and fiscal year in the system.
  Incorrect Configuration: The configuration settings for the Funds Management area may not have been set up correctly, leading to the absence of not-relevant elements.
  Data Entry Error: There may be a mistake in the data entry, such as selecting the wrong FM area or fiscal year.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the Funds Management configuration settings in SAP.
  Verify that not-relevant elements are defined for the specified FM area and fiscal