How To Fix MQ261 - & earmarked funds were marked for correction

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 261

• Message text: & earmarked funds were marked for correction

What causes this issue?

Rounding differences can arise with the changeover of earmarked funds
to the euro. With documents that have been completely broken down, this
can lead to the budget being set aside again for the earmarked funds.
This is automatically corrected in a postprocessing program. This
preprocessing program has now marked & documents which have to be
adjusted after the changeover.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ261 - & earmarked funds were marked for correction ?

  The SAP error message MQ261 typically relates to issues with earmarked funds in the context of budget management and financial accounting. This error indicates that there are earmarked funds that have been marked for correction, which means that there is a discrepancy or issue that needs to be addressed before the transaction can be processed.
  Cause of Error MQ261
  
  Earmarked Funds Issue: The earmarked funds may have been incorrectly allocated or there may be a mismatch in the budgetary control settings.
  Budget Availability: The budget for the earmarked funds may not be available or may have been exceeded.
  Incorrect Document Status: The document related to the earmarked funds may be in a status that does not allow for further processing.
  Configuration Issues: There may be configuration issues in the SAP system related to budget management or fund management.
  
  Solution
  
  Check Earmarked Funds: Review the earmarked funds in the system to ensure they are correctly allocated and that there are no discrepancies.
  Budget Availability Check: Ensure that the budget for the earmarked funds is available and has not been exceeded. You can do this by checking the budget reports in SAP.
  Correct Document Status: If the document related to the earmarked funds is in an incorrect status, you may need to change its status or reverse any incorrect postings.
  Review Configuration: Check the configuration settings in the SAP system related to budget management and fund management to ensure they are set up correctly.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling earmarked funds and budget issues.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FMAVCR01 (for budget availability control) and FMBB (for budget adjustments).
  SAP Notes: Check for any SAP Notes related to error MQ261 for specific patches or updates that may address the issue.
  Training and Documentation: Ensure that users involved in budget management are trained on the processes and understand how to manage earmarked funds effectively.
  
  By following these steps, you should be able to identify the cause of the MQ261 error and take appropriate action to resolve it.