How To Fix FMCF506 - No derivation strategy (FM area &1 fiscal year &2 &3 &4)

FMCF506 - Overview

• Message type: E = Error

• Message class: FMCF -

• Message number: 506

• Message text: No derivation strategy (FM area &1 fiscal year &2 &3 &4)

What causes this issue?

No derivation strategy has been assigned to FM area &V1& in fiscal year
&V2& for &V3& &V4&.

System Response

Reassignment is not possible.

How to fix this error?

If you have not defined a derivation strategy, then do so in the IMG
activity <DS:SIMG._ISPSFM_FMYC>Define Derivation Strategy for
Reassignment</>.
Assign the derivation strategy to FM area &V1& for the fiscal year &V2&
for &V3& &V4& in the IMG activity <DS:SIMG._ISPS_V_FMREAS_RULES>
Assign FM Area to Strategy for Reassignment</>.

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 FMCF506 - No derivation strategy (FM area &1 fiscal year &2 &3 &4) ?

  The SAP error message FMCF506 "No derivation strategy (FM area &1 fiscal year &2 &3 &4)" typically occurs in the context of Funds Management (FM) when the system is unable to determine a derivation strategy for a specific combination of Fund Management area, fiscal year, and other parameters. This can happen during various processes, such as budget planning or posting transactions.
  
  Cause:
  
  
  Missing Derivation Strategy: The primary cause of this error is that there is no defined derivation strategy for the specified FM area and fiscal year in the system. Derivation strategies are used to determine how certain values (like cost centers, funds, etc.) are derived during transactions.
  
  
  
  Configuration Issues: There may be issues in the configuration settings related to Funds Management, such as missing or incorrect entries in the derivation strategy tables.
  
  
  Inconsistent Data: The data being processed may not match any of the existing derivation strategies, leading to the error.
  
  
  
  Solution:
  
  
  Check Derivation Strategy