How To Fix /PM0/ALB_FND_MSG040 - Fund range "&1" cannot be used with status "&2" in FLV

/PM0/ALB_FND_MSG040 - Overview

• Message type: E = Error

• Message class: /PM0/ALB_FND_MSG -

• Message number: 040

• Message text: Fund range "&1" cannot be used with status "&2" in FLV

Self-Explanatory Message

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/PM0/ALB_FND_MSG040 - Details

• The SAP error message /PM0/ALB_FND_MSG040 indicates that there is an issue with the fund range being used in the Fund Management (FM) module. Specifically, the error states that the fund range "&1" cannot be used with the status "&2" in the Fund Lifecycle (FLV). 
  
  Cause:
  This error typically arises due to one of the following reasons:
  
  
  Fund Status: The fund range you are trying to use is in a status that does not allow for the operation you are attempting. For example, if the fund is in a "closed" or "inactive" status, it may not be available for certain transactions.
  
  
  
  Configuration Issues: There may be configuration settings in the Fund Management module that restrict the use of certain fund ranges based on their status.
  
  
  Authorization Issues: The user may not have the necessary authorizations to access or use the specified fund range in its current status.
  
  
  
  Solution:
  To resolve this error, you can take the following