How To Fix FMMD_E031 - Budget period & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FMMD_E - Funds Management Master Data

• Message number: 031

• Message text: Budget period & does not exist

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FMMD_E031 - Budget period & does not exist ?

  The SAP error message FMMD_E031, which states "Budget period & does not exist," typically occurs in the context of budget management within the SAP system, particularly when working with Funds Management (FM). This error indicates that the system cannot find a valid budget period for the specified parameters.
  Cause:
  
  Incorrect Budget Period: The budget period specified in the transaction does not exist in the system. This could be due to a typo or an incorrect period being referenced.
  Budgeting Configuration: The budget period may not have been defined in the system for the fiscal year in question.
  Fiscal Year Variant Issues: The fiscal year variant may not be correctly set up, or the budget period may not align with the fiscal year variant.
  Closed Periods: The budget period may be closed for posting, meaning that no transactions can be processed for that period.
  
  Solution:
  
  Check Budget Period: Verify the budget period you are trying to use. Ensure that it is correctly entered and exists in the system.
  Define Budget Period: If the budget period does not exist, you may need to create it. This can typically be done in the configuration settings for Funds Management:
  
  Navigate to the configuration for Funds Management (transaction code SPRO).
  Go to Public Sector Management > Funds Management > Budget Control System > Define Budget Periods.
  Ensure that the required budget periods are defined for the relevant fiscal year.
  
  
  Review Fiscal Year Variant: Check the fiscal year variant settings to ensure they are correctly configured and that the budget periods align with the fiscal year.
  Open Periods: If the budget period is closed, you may need to open it for posting. This can be done in the configuration settings or by consulting with your financial team to determine if it is appropriate to do so.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance related to your organization's configuration.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FMBB: Budgeting transactions.
  FMAVCR01: Display budget availability.
  SPRO: Access to configuration settings.
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional troubleshooting steps or patches.
  User Roles: Ensure that you have the necessary authorizations to view and modify budget periods in the system.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult with an SAP expert for further assistance.