How To Fix FMEF_PSM002 - Earmarked fund item &1 &2 has already been reduced for date &4

SAP Error Message - Details

• Message type: E = Error

• Message class: FMEF_PSM - Earmarked Funds in PSM

• Message number: 002

• Message text: Earmarked fund item &1 &2 has already been reduced for date &4

What causes this issue?

You want to reduce the earmarked fund item &V1& &V2& on the date &V3&.
However, the position was created in the same step with the posting date
&V4&.

System Response

The system issues an error message because if is not possible to reduce
an earmarked fund at different posting times.

How to fix this error?

Contact SAP.

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 FMEF_PSM002 - Earmarked fund item &1 &2 has already been reduced for date &4 ?

  The SAP error message FMEF_PSM002 indicates that an earmarked fund item has already been reduced for a specific date. This typically occurs in the context of Public Sector Management (PSM) within SAP, where earmarked funds are used to allocate and manage budgetary resources.
  Cause:
  The error arises when there is an attempt to reduce an earmarked fund item that has already been processed for a specific date. This can happen due to:
  
  A duplicate attempt to reduce the same earmarked fund item.
  An inconsistency in the data where the system believes the item has already been reduced.
  Incorrect sequencing of transactions, where a reduction is attempted after the item has already been adjusted.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Transaction History: Review the transaction history for the earmarked fund item in question. Ensure that the item has not already been reduced for the specified date.
  
  
  Verify Data Entry: Ensure that the data you are entering is correct and that you are not inadvertently trying to reduce the same earmarked fund item multiple times.
  
  
  Consult with Finance Team: If you are unsure about the status of the earmarked fund item, consult with your finance or accounting team to confirm whether the item has already been processed.
  
  
  Adjust the Transaction: If the earmarked fund item has indeed been reduced, you may need to adjust your transaction to reflect the correct status. This could involve reversing a previous transaction or making a new entry that aligns with the current state of the earmarked fund.
  
  
  Check for System Updates: Ensure that your SAP system is up to date, as sometimes bugs or issues can be resolved with patches or updates.
  
  
  Review Configuration: If the issue persists, it may be necessary to review the configuration settings related to earmarked funds in your SAP system to ensure they are set up correctly.
  
  
  Related Information:
  
  Earmarked Funds: These are funds that are allocated for specific purposes and cannot be used for other expenditures. They are commonly used in public sector accounting to ensure that resources are used as intended.
  Public Sector Management (PSM): This module in SAP is designed to help manage public sector financial processes, including budgeting, accounting, and reporting.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to earmarked funds, such as FMX1 (Create Earmarked Fund), FMX2 (Change Earmarked Fund), and FMX3 (Display Earmarked Fund).
  
  If the problem continues after following these steps, it may be necessary to engage SAP support or your internal IT team for further assistance.