How To Fix FMIS057 - Budget Period

SAP Error Message - Details

• Message type: E = Error

• Message class: FMIS - Information system texts

• Message number: 057

• Message text: Budget Period

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMIS057 - Budget Period ?

  The SAP error message FMIS057 typically relates to issues with budget periods in the Funds Management (FM) module. This error indicates that there is a problem with the budget period being referenced in a transaction, such as an attempt to post a commitment or an expense that is outside the allowed budget period.
  Cause:
  
  Invalid Budget Period: The budget period specified in the transaction does not match any of the defined budget periods in the system.
  Closed Budget Period: The budget period may have been closed, meaning that no further postings can be made against it.
  Incorrect Configuration: The configuration settings for budget periods may not be set up correctly in the system.
  Fiscal Year Variants: The fiscal year variant may not align with the budget periods defined in the system.
  
  Solution:
  
  
  Check Budget Periods: Verify the budget periods defined in the system. Ensure that the period you are trying to use is open and valid.
  
  Navigate to the Funds Management configuration and check the settings for budget periods.
  
  
  
  Adjust Transaction Date: If the transaction date falls outside the allowed budget period, adjust the date to fall within an open budget period.
  
  
  Review Fiscal Year Variant: Ensure that the fiscal year variant assigned to the company code is correctly configured and matches the budget periods.
  
  
  Consult with Finance Team: If you are unsure about the budget periods or fiscal year settings, consult with your finance or controlling team to ensure that the correct periods are being used.
  
  
  Transaction Type: Ensure that the transaction type you are using is allowed for the budget period in question.
  
  
  System Configuration: If the issue persists, it may require a review of the system configuration by an SAP consultant or administrator to ensure that everything is set up correctly.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FMBB (Budgeting) or FMAVCR01 (Display Budget) to check the status of budgets and periods.
  SAP Notes: Check SAP Notes for any known issues or patches related to the FMIS057 error.
  Documentation: Refer to SAP documentation on Funds Management for detailed information on budget periods and their configuration.
  
  If the problem continues after following these steps, it may be necessary to escalate the issue to your SAP support team for further investigation.