How To Fix FMHIE004 - Budget structure &1 is not multi-level for FM area &2

FMHIE004 - Overview

• Message type: E = Error

• Message class: FMHIE - Budget Hierarchies

• Message number: 004

• Message text: Budget structure &1 is not multi-level for FM area &2

What causes this issue?

You want to use hierarchy-related function with the budget structure
&V1& in FM area &V2&; however, the budget structure &V1& is not
multi-level for FM area &V2&.

System Response

Processing stops.

How to fix this error?

Set the budget structure &V1& as multi-level in the IMG activity
<DS:SIMG._ISPSFM_N_V_FMBS_BS>Create Budget Structure</>.
Define account assignment element roles for budget structure &V1& in the
IMG activity <DS:SIMG.PSM_VC_FMHIESETTINGS>Define Hierarchy Settings for
FMAA Elements</>.

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.

FMHIE004 - Details

• The SAP error message FMHIE004 indicates that there is an issue with the budget structure in the context of Funds Management (FM). Specifically, it means that the budget structure you are trying to use is not set up as a multi-level structure for the specified FM area. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Budget Structure Configuration: The budget structure defined in the system is not configured to support multi-level budgeting. This could be due to incorrect settings in the configuration of the budget structure.
  FM Area Settings: The FM area specified in the error message may not have a corresponding multi-level budget structure assigned to it.
  Data Entry Error: There may be an error in the data entry where a budget structure is being referenced that does not exist or is not properly configured.
  
  
  Solution:
  
  
  Check Budget Structure Configuration:
  
  Go to the configuration settings for Funds Management in SAP (transaction code