How To Fix GMCUSTOM014 - Funds should not be both cost sharing and program income simultaneously


GMCUSTOM014 - Overview

  • Message type: E = Error

  • Message class: GMCUSTOM - Customizable Messages for Grants Management

  • Message number: 014

  • Message text: Funds should not be both cost sharing and program income simultaneously

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message GMCUSTOM014 - Funds should not be both cost sharing and program income simultaneously ?
    The SAP error message GMCUSTOM014 indicates that there is a conflict in the configuration of a fund in the SAP system. Specifically, it states that a fund cannot be designated as both cost sharing and program income at the same time. Here’s a breakdown of the cause, potential solutions, and related information:
    
    Cause: Fund Configuration: The fund in question has been set up in a way that it is classified as both cost sharing and program income. This is not allowed because these two classifications serve different purposes in financial management. Cost Sharing: Refers to the portion of project costs that are not reimbursed by the sponsor and are covered by the institution or other sources. Program Income: Refers to income generated from the activities of a funded project, which can be used to further the project’s objectives.
    Solution: Review Fund Settings: Check the configuration of the fund in the SAP system. You will need to

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