How To Fix FO371 - Enter FM account assignment to be managed in collective expenditure

FO371 - Overview

• Message type: E = Error

• Message class: FO - Cross-ISPS Functions

• Message number: 371

• Message text: Enter FM account assignment to be managed in collective expenditure

What causes this issue?

The system only allows commitment items for the entry of a collective
expenditure posting-FM account assignment if they are marked as 'in the
collective expenditure to be managed'. Commitment items for which you
want to enter a rule, must be flagged as <LS>2</> (SN posting FM
account assignment) in your master record, in the field
<DS:DE.FM_COLLROL>Role collective expenditure</>.

System Response

Entry is rejected.

How to fix this error?

Enter a commitment item which is marked as "to be managed" in the cost
allocation.

Error message extract from SAP system. Copyright SAP SE.

FO371 - Details

• The SAP error message FO371 ("Enter FM account assignment to be managed in collective expenditure") typically occurs in the context of Funds Management (FM) within SAP. This error indicates that a financial transaction requires a specific account assignment that has not been provided or is missing.
  
  Cause:
  
  Missing Account Assignment: The error usually arises when a transaction is being processed that requires a Funds Management account assignment, but the necessary details (like Fund, Commitment Item, or Functional Area) are not provided.
  
  Configuration Issues: There may be issues with the configuration of the Funds Management module, such as missing settings for collective expenditure management.
  Transaction Type: The transaction type being used may require an FM account assignment that is not being fulfilled.
  
  
  Solution:
  
  Check Account Assignment: Ensure that the transaction you are trying to process includes the necessary FM account assignment. This typically involves entering the Fund, Commitment Item, and any other required fields.
  Review Configuration: If you