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

SAP Error Message - Details

• 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 Configuration:
  
  Go to the configuration settings for Funds Management in SAP (transaction code SPRO).
  Navigate to the relevant section for defining derivation strategies.
  Ensure that there is a derivation strategy defined for the specified FM area and fiscal year.
  
  
  
  Create or Modify Derivation Strategy:
  
  If no derivation strategy exists, you may need to create one. This involves defining the rules for how values should be derived based on the input data.
  If a derivation strategy exists but is not functioning as expected, review and modify it to ensure it meets the requirements.
  
  
  
  Check Master Data:
  
  Ensure that the master data (like funds, cost centers, etc.) is correctly set up and consistent with the derivation strategy.
  
  
  
  Test the Configuration:
  
  After making changes, test the configuration by attempting the transaction again to see if the error persists.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on setting up derivation strategies in Funds Management.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FMAVC (for budget control) or FMBB (for budget entry) to test the configuration.
  SAP Notes: Check for any relevant SAP Notes that might address known issues or provide additional guidance on this error.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to access and modify the derivation strategies.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.