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

FMCF017 - Overview

• 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