How To Fix FMRB504 - Invalid receiving budget address: value &2 for element &1 does not exist

FMRB504 - Overview

• Message type: E = Error

• Message class: FMRB - Revenue Increasing the Budget - FM specific part

• Message number: 504

• Message text: Invalid receiving budget address: value &2 for element &1 does not exist

What causes this issue?

The <DS:SIMG.FMBCS_FMRBDERIMD>derivation strategy for generation of RIB
rules</> assigned the value <LB>&V2&</> to the account assignment
element <LB>&V1&</> of the receiving budget address. This value, however
, does not exist.

System Response

The RIB rule cannot be created for the following combination of
<DS:DE.BURB_RBBLDNR>budget category for RIB</>, fiscal year (or if
applicable, fiscal year and year of cash effectivity) and RIB object:
<LB>&V3&</><LB>&V4&</>

How to fix this error?

Check the derivation strategy for generation of RIB rules in
Customizing.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMRB504 - Invalid receiving budget address: value &2 for element &1 does not exist ?

  The SAP error message FMRB504 indicates that there is an issue with the budget address in the context of budget management. Specifically, the error states that the value for a particular budget element does not exist in the system. Here’s a breakdown of the cause, potential solutions, and related information for this error:
  
  Cause:
  
  Invalid Budget Element: The budget element specified in the error message (&1) does not have a corresponding budget address or is not defined in the system.
  Missing Configuration: The budget address (value &2) may not be properly configured or may not exist in the budgetary control settings.
  Data Entry Error: There may be a typographical error in the budget element or budget address being used in the transaction.
  Authorization Issues: The user may not have the necessary authorizations to access the specified budget element or address.
  
  
  Solution:
  
  
  Check Budget Element Configuration:
  
  Navigate to the configuration settings for budget elements in the SAP system.
  Ensure that