How To Fix /PICM/BOBF_UTIL001 - Could not create alternative; active financial plan does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: /PICM/BOBF_UTIL -

• Message number: 001

• Message text: Could not create alternative; active financial plan does not exist

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PICM/BOBF_UTIL001 - Could not create alternative; active financial plan does not exist ?

  The SAP error message /PICM/BOBF_UTIL001 Could not create alternative; active financial plan does not exist typically occurs in the context of SAP applications that deal with financial planning and budgeting, particularly when using the Business Object Processing Framework (BOPF). This error indicates that the system is unable to create an alternative financial plan because there is no active financial plan available in the system.
  Cause:
  
  
  No Active Financial Plan: The primary cause of this error is that there is no active financial plan defined in the system. This could be due to:
  
  The financial plan has not been created yet.
  The financial plan exists but is not marked as active.
  The financial plan has been archived or deleted.
  
  
  
  Configuration Issues: There may be configuration issues in the financial planning module that prevent the system from recognizing an active financial plan.
  
  
  Authorization Issues: The user may not have the necessary authorizations to access or create financial plans.
  
  
  Solution:
  
  
  Check for Active Financial Plans:
  
  Navigate to the financial planning module in SAP and check if there are any active financial plans available.
  If no active financial plans exist, create a new financial plan and ensure it is marked as active.
  
  
  
  Activate Financial Plan:
  
  If a financial plan exists but is not active, you may need to activate it. This can usually be done through the financial planning transaction or configuration settings.
  
  
  
  Review Configuration:
  
  Check the configuration settings related to financial planning in your SAP system. Ensure that all necessary settings are correctly configured to allow for the creation of financial plans.
  
  
  
  User Authorizations:
  
  Verify that the user encountering the error has the necessary authorizations to create or access financial plans. If not, work with your SAP security team to grant the required permissions.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific steps related to your version of SAP and the financial planning module you are using.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration or version.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for financial planning, such as BP (Business Partner), FPM (Financial Planning Management), or others specific to your implementation.
  SAP Notes: Search for SAP Notes related to this error message in the SAP Support Portal, as there may be patches or updates that address this issue.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.