How To Fix HRFPM_FTE723 - Missing valuation in budget structure element &1

SAP Error Message - Details

• Message type: E = Error

• Message class: HRFPM_FTE - New Position Management

• Message number: 723

• Message text: Missing valuation in budget structure element &1

What causes this issue?

The entry for the pay scale valuation is missing in budget structure
element &1.

System Response

The system cannot correctly convert available budget or transfer
postings (and so on) within value calculations.

How to fix this error?

If you work with non-evaluated budget structure elements (for example,
as part of the budget structure) and do not want to see this message,
hide the columns in the overview area that are calculated on the basis
of pay scale valuations. In the standard system, these are the columns
<LS>available budget, available budget (as traffic light)</> and
<LS>total amount</>.

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 HRFPM_FTE723 - Missing valuation in budget structure element &1 ?

  The SAP error message HRFPM_FTE723, which indicates "Missing valuation in budget structure element &1," typically occurs in the context of SAP's Human Resources (HR) and Financial Planning and Management (FPM) modules. This error suggests that there is a missing or incorrect valuation for a specific budget structure element, which is necessary for processing budget-related transactions.
  Cause:
  
  Missing Valuation: The budget structure element referenced in the error message does not have a defined valuation in the system. This could be due to configuration issues or missing data entries.
  Incorrect Configuration: The budget structure may not be properly configured in the system, leading to missing or incorrect values.
  Data Entry Errors: There may be errors in the data entry process, where the required valuation was not entered or was entered incorrectly.
  Changes in Budget Structure: If there have been recent changes to the budget structure or related configurations, it may lead to inconsistencies.
  
  Solution:
  
  
  Check Budget Structure Configuration:
  
  Navigate to the configuration settings for the budget structure in SAP.
  Ensure that the budget structure element referenced in the error message has a valid valuation assigned to it.
  
  
  
  Maintain Valuation:
  
  If the valuation is missing, you will need to create or maintain the valuation for the budget structure element.
  Use transaction codes like SPRO to access the configuration settings and make the necessary adjustments.
  
  
  
  Review Data Entries:
  
  Check the data entries related to the budget structure element to ensure that all required fields are filled out correctly.
  Correct any discrepancies found during this review.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on budget structure elements and their valuations.
  
  
  
  Testing:
  
  After making the necessary changes, perform tests to ensure that the error no longer occurs and that the budget processing works as expected.
  
  
  
  Seek Support:
  
  If the issue persists after checking the configuration and data entries, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), FMBB (Budgeting), and FMAVCR01 (Budget Availability Control).
  SAP Notes: Check for any SAP Notes related to HRFPM_FTE723 for additional insights or patches that may address the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.