How To Fix MSG_FINCS_MD_MAINT047 - Carry Forward setting is only applicable to statistical items.

SAP Error Message - Details

• Message type: E = Error

• Message class: MSG_FINCS_MD_MAINT - Message Class for Additional Master Data Maintenance

• Message number: 047

• Message text: Carry Forward setting is only applicable to statistical items.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message MSG_FINCS_MD_MAINT047 - Carry Forward setting is only applicable to statistical items. ?

  The SAP error message MSG_FINCS_MD_MAINT047 indicates that the carry forward setting you are trying to apply is only applicable to statistical items. This typically occurs in the context of financial planning or budgeting within SAP, particularly when dealing with master data for cost centers, internal orders, or other financial objects.
  Cause:
  
  Non-Statistical Item: The item you are trying to set the carry forward for is not classified as a statistical item. Carry forward settings are generally meant for statistical items, which are used for reporting and analysis but do not affect actual financial postings.
  Configuration Issue: There may be a configuration issue in the settings of the financial object you are working with, where it is not correctly marked as a statistical item.
  Incorrect Transaction: You might be using a transaction or function that is not intended for the type of item you are working with.
  
  Solution:
  
  Check Item Type: Verify that the item you are trying to set the carry forward for is indeed a statistical item. You can do this by checking the master data settings for the item in question.
  Adjust Settings: If the item is not a statistical item and you need it to be, you may need to adjust its settings in the master data configuration. This may involve changing the item type or ensuring it is set up correctly in the system.
  Use Correct Transaction: Ensure that you are using the correct transaction for the type of item you are working with. If you are trying to apply carry forward settings to a non-statistical item, you may need to use a different approach or transaction.
  Consult Documentation: Review SAP documentation or help resources related to carry forward settings and statistical items to ensure you are following the correct procedures.
  
  Related Information:
  
  Statistical Items: In SAP, statistical items are used for planning and reporting purposes and do not have a direct impact on financial accounting. They are often used in cost accounting and internal reporting.
  Carry Forward Settings: These settings are used to carry forward balances from one fiscal year to the next, typically in budgeting and planning scenarios.
  SAP Notes: Check SAP Notes for any specific guidance or updates related to this error message. SAP Notes can provide insights into known issues and their resolutions.
  
  If the issue persists after checking these aspects, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules to get more tailored assistance.