How To Fix FMFG045 - &2- Begin bal.should equal ending bal.until close year for account &1

FMFG045 - Overview

• Message type: E = Error

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

• Message number: 045

• Message text: &2- Begin bal.should equal ending bal.until close year for account &1

What causes this issue?

Treasury Account Symbol failed edit 5A.
Edit 5A checks beginning account balance is not equal to ending account
balance for account listed in Edit 5 customizing table.
This edit parallels Edit 5A as performed by Treasury when FACTS II data
for fourth quarter reporting is being processed.

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

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.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FMFG045 - Details

• The SAP error message FMFG045 indicates that there is a discrepancy between the beginning balance and the ending balance for a specific account in the Funds Management (FM) module. This error typically occurs during the year-end closing process when the system checks the balances for consistency.
  
  Cause:
  The error message FMFG045 is triggered when:
  
  The beginning balance for a specific account does not match the ending balance from the previous fiscal year.
  There may be unposted transactions or incorrect postings that have affected the balances.
  There could be issues with the configuration of the Funds Management settings or the account itself.
  
  
  Solution:
  To resolve the FMFG045 error, you can follow these steps:
  
  
  Check Balances:
  
  Review the beginning and ending balances for the specified account. You can do this by running reports in the Funds Management module to see the detailed transactions and balances.
  
  
  
  Identify Discrepancies:
  
  Look for any unposted transactions or incorrect postings that may have affected the balances. This can