How To Fix FMCE302 - Invalid other budget address: value &2 for element &1 does not exist

FMCE302 - Overview

• Message type: E = Error

• Message class: FMCE - Cover Eligibility Messages

• Message number: 302

• Message text: Invalid other budget address: value &2 for element &1 does not exist

What causes this issue?

The <DS:SIMG.FMBCS_FMCERG>derivation strategy for generating cover
groups</> assigned the value &V2& to the account assignment element &V1&
of the other budget address in the same cover group. This value,
however, does not exist.

System Response

The cover group cannot be created for the following combination of
<DS:DE.BUKU_BUDCAT>budget category</>, fiscal year, and budget address:
&V3&&V4&

How to fix this error?

Check the derivation strategy for the generation of cover groups in
Customizing.

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 FMCE302 - Invalid other budget address: value &2 for element &1 does not exist ?

  The SAP error message FMCE302 indicates that there is an issue with the budget address in the context of Funds Management (FM). Specifically, the error message states that the value for a particular budget element does not exist. Here’s a breakdown of the cause, potential solutions, and related information for this error:
  
  Cause:
  
  Invalid Budget Element: The budget element specified in the transaction does not exist in the system. This could be due to a typo or because the budget element has not been created or activated.
  Incorrect Configuration: The configuration settings for the Funds Management module may not be set up correctly, leading to the system not recognizing the budget address.
  Missing Master Data: The master data related to the budget element may be incomplete or missing, which can prevent the system from validating the budget address.
  Authorization Issues: The user may not have the necessary authorizations to access the budget element or related