How To Fix FMRB515 - Invalid RIB object: value &2 for element &1 does not exist

FMRB515 - Overview

• Message type: E = Error

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

• Message number: 515

• Message text: Invalid RIB object: value &2 for element &1 does not exist

What causes this issue?

The <DS:SIMG.FMBCS_FMRBDERIRO>derivation strategy for RIB objects</> has
assigned the value <LB>&V2&</> to the account assignment element <LB>
&V1&</> of the RIB object. This value, however, does not exist.

System Response

The RIB object 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 original
budget address:
<LB>&V3&</><LB>&V4&</>

How to fix this error?

Check the derivation strategy for RIB objects 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 FMRB515 - Invalid RIB object: value &2 for element &1 does not exist ?

  The SAP error message FMRB515 indicates that there is an issue with a RIB (Resource Information Block) object in the context of SAP's Funds Management (FM) module. Specifically, the error states that the value for a certain element does not exist, which means that the system is trying to reference a value that has not been defined or is not valid in the current context.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the configuration for the specified element (e.g., a fund, commitment item, or other FM-related object) is missing or has not been properly set up in the system.
  Incorrect Data Entry: There may be a typo or incorrect value entered for the element in question, leading the system to not recognize it.
  Data Consistency Issues: If there have been recent changes to the configuration or master data, it is possible that the data is inconsistent or not properly