How To Fix FMFG023 - Status of fund &1 is not valid for &2/&3/&4

SAP Error Message - Details

• Message type: E = Error

• Message class: FMFG - U.S. Federal Government Message Class

• Message number: 023

• Message text: Status of fund &1 is not valid for &2/&3/&4

What causes this issue?

Status of fund &V1& is not valid. This might be caused by the incorrect
values for the expiration date and cancellation date of the fund.

System Response

The system could not create an FI document for the record involving this
fund.

How to fix this error?

Make sure that the expiration date and cancelation dates of fund &V1&
were correctly set. If they were not, change them and run this program
again.
Other information involving this fund is &V2&&V3&&V4&.

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 FMFG023 - Status of fund &1 is not valid for &2/&3/&4 ?

  The SAP error message FMFG023 indicates that there is an issue with the status of a fund in the Funds Management (FM) module. The message typically means that the fund you are trying to use is not in a valid status for the operation you are attempting to perform. 
  Cause:
  
  Invalid Fund Status: The fund may be in a status that does not allow for the transaction you are trying to execute. For example, the fund could be closed, frozen, or in a status that restricts further transactions.
  Incorrect Fund Assignment: The fund might not be correctly assigned to the relevant organizational unit or may not be available for the fiscal year or period you are working in.
  Configuration Issues: There may be configuration settings in the Funds Management module that restrict the use of certain funds based on their status.
  
  Solution:
  
  Check Fund Status: Verify the status of the fund in question. You can do this by navigating to the Funds Management area in SAP and checking the fund's details. Ensure that the fund is in a status that allows for the intended transaction.
  Change Fund Status: If the fund is in an invalid status, you may need to change its status to a valid one. This typically requires appropriate authorizations and may involve working with your finance or controlling team.
  Review Configuration: If the fund status seems correct, review the configuration settings in the Funds Management module to ensure that there are no restrictions preventing the use of the fund.
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for managing funds to understand the specific statuses and their implications.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FMX1 (Create Fund), FMX2 (Change Fund), or FMX3 (Display Fund) to manage funds.
  Authorization: Ensure that you have the necessary authorizations to view and change fund statuses.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  
  By following these steps, you should be able to identify the cause of the FMFG023 error and take appropriate action to resolve it.