How To Fix PM284 - Target acct &1 from comp. code &2 with currency &3 has balance 0

PM284 - Overview

• Message type: E = Error

• Message class: PM - Extended Payment Functions

• Message number: 284

• Message text: Target acct &1 from comp. code &2 with currency &3 has balance 0

What causes this issue?

No cash management and forecast records were selected for the target
account specified. It is, however, possible that no records yet exist
for new accounts (or after reorganization); you can ignore the message
if this is the case.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PM284 - Target acct &1 from comp. code &2 with currency &3 has balance 0 ?

  The SAP error message PM284 indicates that there is an issue with a target account in a specific company code that has a balance of zero. This error typically arises in the context of financial postings, particularly in the Project System (PS) or Controlling (CO) modules, where a transaction is trying to post to an account that does not have any balance.
  
  Cause:
  
  Zero Balance: The target account specified in the error message has a balance of zero, which means that there are no funds available for the transaction you are trying to execute.
  Incorrect Account Assignment: The account being referenced may not be the correct one for the transaction, or it may not be set up properly in the system.
  Currency Issues: The currency specified may not match the currency settings of the account or the company code.
  Posting Period: The posting period may be closed, preventing any transactions from being posted to that