How To Fix FMFG038 - &2- SGL acct is invalid for fund &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 038

• Message text: &2- SGL acct is invalid for fund &1

What causes this issue?

Treasury Account Symbol failed pre-Edit B checks for SGL account 4350.
Pre-edit B parallels pre-edit B for SGL account 4350 as performed by
Treasury when FACTS II data for all quarters is being processed.

System Response

Error message issued.

How to fix this error?

Review message to determine its cause and handle as follows:
Footnote required
Create a footnote using the Maintain Footnotes program
Posting in R/3 was incorrect
Post correcting transaction in R/3. Rerun Extract and Edit programs.
Attribute derivation for FACTS II was incorrectly defined
Change derivation rules, then rerun derivations, extract, and edit
programs.
Errors because of missing MAF file data
Either upload correct MAF file, maintain existing MAF file, or ignore.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMFG038 - &2- SGL acct is invalid for fund &1 ?

  The SAP error message FMFG038 indicates that a specified General Ledger (G/L) account is invalid for the specified fund in the context of Funds Management (FM). This error typically arises when there is an attempt to post a transaction that involves a G/L account that is not properly configured for the fund in question.
  Cause:
  
  Invalid G/L Account: The G/L account being used in the transaction is not assigned to the specified fund.
  Fund Configuration: The fund may not have the necessary settings or configurations to allow the use of the specified G/L account.
  Account Assignment: The account assignment for the transaction may not be correctly set up in the system.
  Master Data Issues: The master data for the fund or the G/L account may be incomplete or incorrect.
  
  Solution:
  
  
  Check G/L Account Configuration:
  
  Go to the transaction code FS00 to check the configuration of the G/L account.
  Ensure that the G/L account is set up correctly and is valid for the fund in question.
  
  
  
  Verify Fund Settings:
  
  Use transaction code FMX1 or FMX2 to check the fund settings.
  Ensure that the G/L account is assigned to the fund in the Funds Management configuration.
  
  
  
  Review Account Assignment:
  
  Ensure that the account assignment in the transaction is correct and that it corresponds to the fund and G/L account being used.
  
  
  
  Check Master Data:
  
  Review the master data for both the fund and the G/L account to ensure that all necessary fields are filled out correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or your organization's internal guidelines for specific configurations related to Funds Management.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FS00 (G/L Account Master), FMX1 (Create Fund), FMX2 (Change Fund), and FBL3N (G/L Account Line Items).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Training: Consider training sessions on Funds Management in SAP to better understand the configuration and usage of funds and G/L accounts.
  
  By following these steps, you should be able to identify the root cause of the FMFG038 error and implement the necessary corrections.