How To Fix FO460 - Enter an expenditures cover pool

SAP Error Message - Details

• Message type: E = Error

• Message class: FO - Cross-ISPS Functions

• Message number: 460

• Message text: Enter an expenditures cover pool

What causes this issue?

You want to flag cover pool &V1& as entitled to cover with respect
additional revenues increasing the budget.
However, this is only possible, if the cover pool only consists of
expenditures FM account assignments.
The cover pool entered, &V1&, does not fulfill this requirement.

System Response

The program cannot process this entry.

How to fix this error?

Ensure that cover pool &V1& is an expenditures cover pool. You define
this characteristic when creating a 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 FO460 - Enter an expenditures cover pool ?

  The SAP error message FO460, which states "Enter an expenditures cover pool," typically occurs in the context of Asset Accounting (FI-AA) when you are trying to post an asset transaction that requires a cover pool to be specified. This is often related to the management of expenditures and the allocation of costs to specific pools or categories.
  Cause:
  The error arises when:
  
  You are attempting to post an asset transaction (like acquisition, transfer, or retirement) that requires a cover pool to be defined.
  The system expects a cover pool to be specified for the transaction, but it has not been provided in the input data.
  The configuration for the asset or the transaction type may require a cover pool, which is not set up correctly.
  
  Solution:
  To resolve the FO460 error, you can take the following steps:
  
  
  Check Transaction Data: Ensure that you have entered all required fields in the asset transaction. Specifically, look for a field related to the cover pool and ensure it is filled in.
  
  
  Define Cover Pool: If you do not have a cover pool defined, you may need to create one. This can typically be done in the configuration settings of Asset Accounting:
  
  Go to the configuration menu (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Master Data > Define Expenditure Cover Pools.
  Create a new cover pool if necessary.
  
  
  
  Review Asset Master Data: Check the asset master data to ensure that it is correctly configured to use the cover pool. You can do this by:
  
  Going to the asset master record (transaction code AS02).
  Reviewing the relevant tabs to ensure that the cover pool is correctly assigned.
  
  
  
  Consult Documentation: If you are unsure about the cover pool requirements for your specific transaction type, consult the SAP documentation or your organization's SAP support team for guidance.
  
  
  User Authorization: Ensure that you have the necessary authorizations to enter or modify cover pool information.
  
  
  Testing: After making the necessary changes, try to post the transaction again to see if the error persists.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset data.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Training: If you are new to Asset Accounting in SAP, consider training or resources that cover the basics of asset management and expenditure cover pools.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Asset Accounting.