How To Fix FMCF500 - No year dependency for multi-year budgets

FMCF500 - Overview

• Message type: E = Error

• Message class: FMCF -

• Message number: 500

• Message text: No year dependency for multi-year budgets

What causes this issue?

You have activated <DS:SIMG.PSM_V_FMPBETMA>multi-year budget</> for the
FM area specified.
The use of year-dependent master data is not permitted with this system
setting.

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?

Create new master data for each budget.

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 FMCF500 - No year dependency for multi-year budgets ?

  The SAP error message FMCF500 "No year dependency for multi-year budgets" typically occurs in the context of budget management within SAP, particularly when dealing with multi-year budgets in the Public Sector Management (PSM) module or similar budgeting functionalities.
  
  Cause:
  This error usually arises when there is an attempt to process a budget that is expected to have year dependencies, but the system does not find any defined year dependencies for the specified budget. This can happen due to several reasons:
  
  Missing Year Dependency Configuration: The budget configuration may not have been set up to allow for year dependencies.
  Incorrect Budget Type: The budget type being used may not support multi-year budgeting.
  Data Entry Errors: There may be errors in the data entry, such as incorrect fiscal year or budget period.
  Inconsistent Master Data: The master data related to the budget (like funds, cost centers, etc.) may not be properly configured for multi-year budgets.
  
  
  Solution:
  To resolve the FMCF500