How To Fix FMCCAVC505 - Select a valid derivation strategy for cash control ledger &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FMCCAVC - Message class CCAVC - Cash control

• Message number: 505

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

What causes this issue?

The derivation strategy (environment) &V3& you have selected does not
exist or cannot be used for cash 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

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMCCAVC505 - Select a valid derivation strategy for cash control ledger &1 ?

  The SAP error message FMCCAVC505, which states "Select a valid derivation strategy for cash control ledger &1," typically occurs in the context of cash management and financial accounting within the SAP system. This error indicates that the system is unable to find a valid derivation strategy for the specified cash control ledger.
  Cause:
  
  Missing Derivation Strategy: The derivation strategy for the cash control ledger has not been defined or is missing in the configuration.
  Incorrect Configuration: The configuration settings for the cash control ledger may not be set up correctly, leading to the inability to derive the necessary information.
  Invalid Ledger Reference: The cash control ledger referenced in the error message may not exist or may not be properly configured in the system.
  Authorization Issues: There may be authorization issues preventing the user from accessing the necessary configuration settings.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for cash management in SAP (Transaction code: SPRO).
  Navigate to the relevant section for defining derivation strategies for cash control ledgers.
  Ensure that a valid derivation strategy is defined for the cash control ledger in question.
  
  
  
  Define Derivation Strategy:
  
  If no derivation strategy exists, create a new one that meets the requirements of your cash control ledger.
  Ensure that the derivation strategy is correctly linked to the cash control ledger.
  
  
  
  Validate Ledger:
  
  Verify that the cash control ledger referenced in the error message exists and is correctly configured.
  Check for any inconsistencies or errors in the ledger setup.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access and modify the cash control ledger and its derivation strategy.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on configuring cash control ledgers and derivation strategies.
  
  
  
  Testing:
  
  After making the necessary changes, test the configuration to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), FMCC (Cash Management), and others that may be useful in troubleshooting.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may resolve the issue.
  Community Forums: Consider visiting SAP community forums or support channels for discussions related to similar issues and solutions shared by other users.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.