How To Fix FMCU142 - Budget period cannot be activated for FM area &1

FMCU142 - Overview

• Message type: E = Error

• Message class: FMCU - Customizing for budgeting in FM

• Message number: 142

• Message text: Budget period cannot be activated for FM area &1

What causes this issue?

In FM area &V1&, the status of the budget period is set to <LS>Mandatory
</> or <LS>Optional</>. However, the budget period is not active for FM
posting and so cannot be used for budgeting.

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 use the budget period for budgeting in this FM area, you
must first activate it for FM posting.
Otherwise, set the status to <LS>Not used</> in budgeting.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FMCU142 - Details

• The SAP error message FMCU142, which states "Budget period cannot be activated for FM area &1," typically occurs in the context of Funds Management (FM) when there is an issue with the budget period configuration for a specific FM area. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Incorrect Configuration: The budget period may not be properly configured in the system for the specified FM area. This could be due to missing or incorrect settings in the budget control system.
  Period Status: The budget period might be in a status that does not allow activation, such as being closed or not yet opened.
  Fiscal Year Variant Issues: There may be inconsistencies or errors in the fiscal year variant settings that affect the budget period.
  Authorization Issues: The user may not have the necessary authorizations to activate the budget period.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the Funds Management configuration settings and verify that the budget