How To Fix GMAVC061 - Overall budget of &2 exhausted for &1

GMAVC061 - Overview

• Message type: E = Error

• Message class: GMAVC - Message class for Grant Management AVC

• Message number: 061

• Message text: Overall budget of &2 exhausted for &1

What causes this issue?

The overall budget of the availability control ledger &V2& has been
consumed for the GM account assignment &V1&. Availability control on
incoming amounts raised this message for the following combination of
availability control ledger and control object:
&V3&&V4&
<ZH>Note:</> The control object is defined for a grant/fund/sponsored
program/sponsored class/budget time slice.
DEFINE &N& = '061'
INCLUDE GMAVC_OVERALL_MESSAGE_EXT

System Response

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

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 GMAVC061 - Overall budget of &2 exhausted for &1 ?

  The SAP error message GMAVC061 indicates that the overall budget for a specific budget structure (represented by &1) has been exhausted for a particular budget period (represented by &2). This error typically occurs in the context of budget management within SAP's Public Sector Management (PSM) or Controlling (CO) modules, where budgetary controls are enforced.
  
  Cause:
  
  Exhausted Budget: The primary cause of this error is that the total expenditures or commitments against a budget have reached or exceeded the allocated budget amount.
  Incorrect Budgeting: There may be an issue with how the budget was set up, such as incorrect amounts or budget periods.
  Posting Errors: There could be erroneous postings that have not been accounted for in the budget, leading to an unexpected budget exhaustion.
  Budget Release Issues: The budget may not have been properly released or may have been reduced after commitments were made.
  
  
  Solution:
  
  Review Budget Status: Check the budget status for the relevant budget structure