How To Fix HRFPM_FTE719 - Transfer postings for this BS element category not possible;see long text

HRFPM_FTE719 - Overview

• Message type: E = Error

• Message class: HRFPM_FTE - New Position Management

• Message number: 719

• Message text: Transfer postings for this BS element category not possible;see long text

What causes this issue?

The budget structure element for which you want to create a transfer
posting is in a non-financial year position plan and has a budget
structure element category that is managed on a monetary basis.

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.

HRFPM_FTE719 - Details

• The SAP error message HRFPM_FTE719 typically occurs in the context of Human Resources and Payroll Management when there are issues related to transfer postings for a specific balance sheet (BS) element category. This error indicates that the system is unable to process transfer postings for the specified category due to certain conditions not being met.
  
  Cause:
  
  Incorrect Configuration: The balance sheet element category may not be properly configured in the system.
  Missing Data: Required data for the transfer posting may be missing or incomplete.
  Posting Period Issues: The posting period may be closed or not open for the transaction you are trying to perform.
  Authorization Issues: The user may not have the necessary authorizations to perform the transfer posting.
  Business Rules: There may be specific business rules or validations that prevent the transfer posting from being executed.
  
  
  Solution:
  
  Check Configuration: Review the configuration settings for the balance sheet element category in the SAP system. Ensure that all necessary