How To Fix H1142 - Budget structure element is still valid in the following financial year

SAP Error Message - Details

• Message type: E = Error

• Message class: H1 - Messages Used in HR Funds and Position Management

• Message number: 142

• Message text: Budget structure element is still valid in the following financial year

What causes this issue?

The budget structure element does not exist in the subsequent financial
year. This means that it cannot be delimited in the budget period
specified.

System Response

Function was terminated.

How to fix this error?

The budget structure element can only be delimited in the last valid
financial year.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message H1142 - Budget structure element is still valid in the following financial year ?

  The SAP error message H1142, which states "Budget structure element is still valid in the following financial year," typically occurs in the context of budget management within SAP's Controlling (CO) or Public Sector Management (PSM) modules. This error indicates that a budget structure element (such as a budget version, budget category, or budget item) is still active or valid in the subsequent financial year, which can lead to issues when trying to perform certain operations, such as closing the current financial year or posting new transactions.
  Cause:
  
  Active Budget Structure: The budget structure element is still valid for the next fiscal year, meaning it has not been properly closed or deactivated.
  Year-End Closing Process: The year-end closing process may not have been completed correctly, leaving some budget elements active.
  Configuration Issues: There may be configuration settings in the budget management module that allow for the budget structure to remain valid across fiscal years.
  
  Solution:
  
  
  Check Budget Structure Validity:
  
  Navigate to the budget structure settings in SAP and verify the validity dates of the budget structure elements. Ensure that they are set correctly for the intended fiscal years.
  
  
  
  Close Budget Elements:
  
  If the budget structure element is no longer needed for the next fiscal year, you may need to close or deactivate it. This can typically be done through transaction codes like S_ALR_87013558 (for budget reports) or FMAVCR01 (for budget control).
  
  
  
  Year-End Closing:
  
  Ensure that the year-end closing process has been completed successfully. This may involve running specific closing transactions or reports to finalize the budget for the current year.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to budget management and year-end closing procedures for specific steps and best practices.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance. They may provide insights based on your specific configuration and setup.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for budget management, such as FMBB (Budgeting), FMAVCR01 (Budget Control), and S_ALR_87013558 (Budget Reports).
  SAP Notes: Check for any SAP Notes related to budget management and error H1142 for additional guidance or patches that may address the issue.
  Training and Documentation: Consider training sessions or documentation on budget management processes in SAP to better understand how to manage budget structures effectively.
  
  By following these steps, you should be able to resolve the H1142 error and ensure that your budget management processes run smoothly.