How To Fix FMCF403 - You are not allowed to close value type &1 in FM area &2

FMCF403 - Overview

• Message type: E = Error

• Message class: FMCF -

• Message number: 403

• Message text: You are not allowed to close value type &1 in FM area &2

What causes this issue?

You are not allowed to close open items in FM area &V2& for value type
&V1& in the commitment budget and/or payment budget because of the
update profile settings selected or the Customizing settings for
closing operations in Funds Management.

System Response

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

How to fix this error?

If you want to close open items for this value type, you must ensure
that your system administrator makes the corresponding changes to the
Customizing settings (update profile or closing operations).

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMCF403 - You are not allowed to close value type &1 in FM area &2 ?

  The SAP error message FMCF403 indicates that a user is attempting to close a value type in a Funds Management (FM) area for which they do not have the necessary authorizations. This error typically arises when a user tries to perform a closing operation on a value type that is restricted or not allowed based on the configuration or user roles.
  
  Cause:
  
  Authorization Issues: The user does not have the required authorizations to close the specified value type in the given FM area.
  Configuration Settings: The value type may be configured in such a way that it cannot be closed in the specified FM area.
  Value Type Status: The value type may be in a status that does not allow it to be closed (e.g., it may be locked or already closed).
  
  
  Solution:
  
  
  Check Authorizations:
  
  Verify the user's roles and authorizations in the SAP system. Ensure that the user has the necessary permissions to perform closing operations