How To Fix FMCF017 - Fund &1 is not set for the balance carryforward

SAP Error Message - Details

• Message type: E = Error

• Message class: FMCF -

• Message number: 017

• Message text: Fund &1 is not set for the balance carryforward

What causes this issue?

The indicator <LS>Balance Update</> is not set for the fund &V1&.

System Response

Processing is not carried out.

How to fix this error?

Within a FM area, a balance carryforward is only carried out for the
funds for which the indicator LS>Balance Update</> is set in the master
data. This indicator is not set for fund &V1&. Define the appropriate
setting. <DS:TRAN.FM5U>Execute Function</>

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 FMCF017 - Fund &1 is not set for the balance carryforward ?

  The SAP error message FMCF017 indicates that a specific fund (denoted by &1) is not set up for balance carryforward in the system. This error typically occurs during the year-end closing process when the system attempts to carry forward balances from one fiscal year to the next.
  Cause:
  
  Configuration Issue: The fund in question has not been configured to allow balance carryforward. This could be due to missing settings in the fund management configuration.
  Fund Status: The fund may be in a status that does not permit carryforward, such as being closed or inactive.
  Fiscal Year Settings: The fiscal year settings may not be correctly defined for the fund, leading to issues during the carryforward process.
  
  Solution:
  
  
  Check Fund Configuration:
  
  Navigate to the Fund Management configuration in SAP.
  Verify that the fund is set up for balance carryforward. This can typically be done in the customizing settings under the relevant fund management area.
  Ensure that the "Balance Carryforward" option is enabled for the fund.
  
  
  
  Review Fund Status:
  
  Check the status of the fund to ensure it is active and eligible for carryforward.
  If the fund is closed or inactive, you may need to reactivate it or create a new fund for the carryforward process.
  
  
  
  Adjust Fiscal Year Settings:
  
  Ensure that the fiscal year settings for the fund are correctly defined.
  Check if the fiscal year variant assigned to the fund allows for carryforward operations.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific steps on configuring balance carryforward for funds.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test carryforward to ensure that the issue is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FMX1 (Create Fund), FMX2 (Change Fund), or FMX3 (Display Fund) to manage fund settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on fund management and balance carryforward.
  User Roles: Ensure that you have the necessary authorizations to make changes to fund management settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in SAP Fund Management for further assistance.