How To Fix GJV_FUND037 - Venture & and JV Bank & are in different funding groups

GJV_FUND037 - Overview

• Message type: E = Error

• Message class: GJV_FUND - JV Funding messages

• Message number: 037

• Message text: Venture & and JV Bank & are in different funding groups

What causes this issue?

When JV Funding is active, JV bank accounts must be coded only to
ventures within the same funding group. Bank account &v2& is assigned to
funding group &v4&, but it has been coded to venture &v1& which is
assigned to funding group &v3&.
Note that the assignment of venture to funding group may be varied
according to equity group and/or funding currency. See the venture
master data to check this.

System Response

The document cannot be posted

How to fix this error?

Change the coding on the JV bank posting, or remove it altogether and
let the system choose appropriate coding based on other lines in the
document (splitting).

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.

GJV_FUND037 - Details

• The SAP error message GJV_FUND037 indicates that there is a mismatch between the funding groups of the venture (or project) and the joint venture (JV) bank account. This typically occurs in the context of Joint Venture Accounting (JVA) when trying to process transactions that involve both a venture and a bank account that are assigned to different funding groups.
  
  Cause:
  
  Different Funding Groups: The venture and the JV bank account are assigned to different funding groups in the system. This can happen if the configuration for the venture and the bank account is not aligned.
  Incorrect Configuration: The funding group settings in the master data for either the venture or the bank account may not be set up correctly.
  Data Entry Errors: There may be errors in data entry when creating or modifying the venture or bank account master data.
  
  
  Solution:
  
  
  Check Funding Group Assignments:
  
  Go to the master data of the venture and the JV bank