How To Fix H1624 - & & is under-financed

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 624

• Message text: & & is under-financed

What causes this issue?

The &v1& &v2& is under-financed in period &v3& to &v4&.

System Response

Processing terminated.

How to fix this error?

Correct the financing of &v1& &v2&.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message H1624 - & & is under-financed ?

  The SAP error message H1624, which states that "is under-financed," typically occurs in the context of financial transactions, particularly when dealing with internal orders, projects, or cost centers. This error indicates that the system has detected that the funding or budget allocated to a particular object (like an internal order or project) is insufficient to cover the costs being posted.
  Cause:
  
  Insufficient Budget: The most common cause is that the budget for the internal order or project has been exceeded or is not sufficient to cover the planned or actual costs.
  Incorrect Configuration: There may be issues with the configuration of the budget management settings in SAP.
  Posting Errors: Sometimes, the error can arise from incorrect postings or attempts to post costs that exceed the available budget.
  Fund Management: If fund management is enabled, the funds may not be available for the transaction being attempted.
  
  Solution:
  
  Check Budget Availability: Review the budget assigned to the internal order or project. You can do this by using transaction codes like KOB1 (for internal orders) or CJ20N (for projects) to see the budget and actual costs.
  Adjust Budget: If the budget is indeed insufficient, you may need to increase the budget allocation. This can be done through transaction codes like KBF1 (for internal orders) or CJ30 (for projects).
  Review Cost Postings: Ensure that the costs being posted are correct and that there are no erroneous entries that could be causing the budget to appear under-financed.
  Consult with Finance Team: If you are unsure about how to proceed, consult with your finance team or SAP support team to ensure that the budget management settings are correctly configured and that you are following the proper procedures.
  Check Fund Management Settings: If fund management is in use, ensure that the funds are available and properly allocated for the transaction.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  KOB1: Display Actual Line Items for Internal Orders
  CJ20N: Project Builder
  CJ30: Change Budget
  KBF1: Create Budget for Internal Orders
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation on budget management and internal orders to understand the configuration and processes better.
  
  By following these steps, you should be able to identify the cause of the H1624 error and take appropriate action to resolve it.