How To Fix GLO_FM_AE058 - Budg.cat &1, subprogram &2: Transfer limit &3, posting amount &4

SAP Error Message - Details

• Message type: E = Error

• Message class: GLO_FM_AE - UAE Developments - messages

• Message number: 058

• Message text: Budg.cat &1, subprogram &2: Transfer limit &3, posting amount &4

What causes this issue?

When you post a budget transfer, the system validates the transfer
amount against the budget of the programs and subprograms from the last
3 years, the existing transfers in the current year, and the transfer
limit. The current posting amount exceeds the transfer limit calculated
according to this rule for the specified subprogram.
For more information about the rule for calculating the transfer limit,
see the documentation of the
<DS:SIMG.AEFMV_CNCHFM>Define Budget Transfer Checks for FM Areas</>
Customizing activity.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

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 GLO_FM_AE058 - Budg.cat &1, subprogram &2: Transfer limit &3, posting amount &4 ?

  The SAP error message GLO_FM_AE058 typically relates to budget control in the Funds Management (FM) module. This error indicates that there is a budget transfer limit issue when trying to post a transaction. Here’s a breakdown of the components of the error message:
  
  Budg.cat &1: This refers to the budget category that is being used in the transaction.
  Subprogram &2: This indicates the specific subprogram or function module that is being executed.
  Transfer limit &3: This is the maximum amount that can be transferred or posted against the budget category.
  Posting amount &4: This is the amount that you are trying to post, which exceeds the allowed transfer limit.
  
  Cause
  The error occurs when the amount you are trying to post exceeds the predefined transfer limit for the specified budget category. This is a control mechanism in SAP to ensure that budgetary constraints are adhered to and that overspending does not occur.
  Solution
  To resolve this error, you can take the following steps:
  
  
  Check the Budget Category: Verify the budget category you are using and ensure that it is correctly set up in the system.
  
  
  Review Transfer Limits: Check the transfer limits defined for the budget category in the configuration settings. You may need to adjust the limits if they are too restrictive for your business needs.
  
  
  Adjust Posting Amount: If the transfer limit cannot be changed, consider adjusting the posting amount to ensure it is within the allowed limit.
  
  
  Consult with Finance Team: If you are unsure about the limits or how to adjust them, consult with your finance or budget management team. They may have insights into the budgetary policies and can provide guidance on how to proceed.
  
  
  Transaction Codes: Use transaction codes like FMBB (Budgeting) or FMAVCR01 (Display Budget) to review and manage budget postings and limits.
  
  
  Configuration Changes: If necessary, a configuration change may be required in the Funds Management settings. This typically involves access to the SPRO transaction and navigating to the relevant settings for budget control.
  
  
  Related Information
  
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message. SAP frequently releases notes that may provide additional context or solutions.
  Documentation: Review the SAP documentation for Funds Management to understand how budget categories and transfer limits are configured and managed.
  User Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.