How To Fix FMFG305 - No Accountable Property Movement Types correctly configured

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 305

• Message text: No Accountable Property Movement Types correctly configured

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FMFG305 - No Accountable Property Movement Types correctly configured ?

  The SAP error message FMFG305 "No Accountable Property Movement Types correctly configured" typically occurs in the context of the Asset Accounting (FI-AA) module when there is an issue with the configuration of movement types related to accountable property (assets). This error indicates that the system cannot find the necessary configuration for the movement types that are required for processing asset transactions.
  Cause:
  
  Missing Configuration: The movement types for accountable property may not be configured in the system.
  Incorrect Movement Type: The movement type being used may not be set up correctly for the asset transaction you are trying to perform.
  Authorization Issues: There may be authorization issues preventing the system from accessing the necessary configuration.
  Custom Movement Types: If custom movement types are being used, they may not have been properly defined in the system.
  
  Solution:
  
  
  Check Movement Type Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Movement Types.
  Ensure that the movement types relevant to accountable property are defined and configured correctly.
  
  
  
  Review Asset Transaction Types:
  
  Check the asset transaction types to ensure they are linked to the correct movement types.
  Ensure that the movement types are assigned to the appropriate asset classes.
  
  
  
  Test with Standard Movement Types:
  
  If you are using custom movement types, try using standard movement types to see if the error persists. This can help identify if the issue is with the custom configuration.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to perform the asset transactions and access the configuration settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific notes related to the movement types and asset transactions.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to test asset transactions.
  SAP Notes: Check for any SAP Notes that may address this specific error or provide additional guidance on configuration.
  Training and Documentation: Consider reviewing training materials or documentation related to Asset Accounting and movement types for a deeper understanding of the configuration process.
  
  By following these steps, you should be able to identify and resolve the issue related to the FMFG305 error message in SAP.