How To Fix FO435 - FM account assignment (&2, &3,&4) is part of a cover pool

SAP Error Message - Details

• Message type: E = Error

• Message class: FO - Cross-ISPS Functions

• Message number: 435

• Message text: FM account assignment (&2, &3,&4) is part of a cover pool

What causes this issue?

You want to create rules for additional revenues increasing the budget
for a revenues FM account assignment (&V2&,&V3&,&V4&):
However, this account assignment is already assigned to revenues cover
pool &V1&.
If a revenues FM account assignment is part of a revenues cover pool,
you will not be able to create any individual rules for it.

System Response

The program cannot proces this entry.

How to fix this error?

Enter another revenues FM account assignment or delete this revenues FM
account assignment from the revenues cover pool.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FO435 - FM account assignment (&2, &3,&4) is part of a cover pool ?

  The SAP error message FO435 indicates that there is an issue with the account assignment for a fixed asset (FM account assignment) that is part of a cover pool. This error typically arises in the context of public sector accounting, particularly when dealing with funds management (FM) in SAP.
  Cause:
  The error message FO435 occurs when you attempt to post a transaction (such as an acquisition or transfer) to a fixed asset that is linked to a cover pool. A cover pool is a collection of assets that are used to secure certain financial obligations. The system restricts certain operations on these assets to ensure compliance with financial regulations and internal controls.
  Solution:
  To resolve the FO435 error, consider the following steps:
  
  
  Check Asset Assignment: Verify the asset's assignment to the cover pool. Ensure that the asset is correctly configured and that the account assignment is appropriate for the transaction you are trying to perform.
  
  
  Review Transaction Type: Ensure that the transaction type you are using is allowed for assets in a cover pool. Some transactions may be restricted for these assets.
  
  
  Consult Configuration: Review the configuration settings in the Funds Management module. There may be specific settings that govern how assets in a cover pool can be managed.
  
  
  Use Alternative Account Assignment: If the transaction cannot be processed with the current account assignment, consider using an alternative account assignment that is not part of the cover pool.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting the SAP Help Portal for further assistance.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or patches related to this error message.
  Documentation: Review the SAP documentation for Funds Management and Asset Accounting to understand the implications of cover pools and how they affect asset transactions.
  User Forums: Engage with SAP user communities or forums where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the FO435 error and implement a suitable solution.