How To Fix /PM0/ALB_FND_MSG540 - Fund &1 is not valid on date &2

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_FND_MSG -

• Message number: 540

• Message text: Fund &1 is not valid on date &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALB_FND_MSG540 - Fund &1 is not valid on date &2 ?

  The SAP error message /PM0/ALB_FND_MSG540 Fund &1 is not valid on date &2 typically indicates that a specific fund (identified by &1) is not valid for the date specified (identified by &2). This error is commonly encountered in the context of Public Sector Management (PSM) or Fund Management (FM) modules in SAP.
  Cause:
  
  Fund Validity Period: The fund may not be valid for the date you are trying to use it. Each fund in SAP can have a defined validity period, and if the date falls outside this range, the system will throw this error.
  Fund Status: The fund might be in a status that does not allow transactions (e.g., it could be closed or inactive).
  Configuration Issues: There may be configuration issues in the fund management settings that prevent the fund from being recognized as valid for the specified date.
  Data Entry Errors: There could be a mistake in the data entry, such as entering the wrong fund number or date.
  
  Solution:
  
  
  Check Fund Validity: Verify the validity period of the fund in question. You can do this by navigating to the fund management area in SAP and checking the fund's details.
  
  Use transaction codes like FMX1 (Create Fund) or FMX2 (Change Fund) to view the fund's validity dates.
  
  
  
  Review Fund Status: Ensure that the fund is active and not in a closed or inactive status. If it is inactive, you may need to reactivate it or create a new fund.
  
  
  Correct Date: If the date you are using is incorrect, adjust it to fall within the valid range for the fund.
  
  
  Configuration Review: If you suspect a configuration issue, consult with your SAP administrator or a consultant who specializes in SAP Fund Management to review the settings.
  
  
  Data Entry Verification: Double-check the fund number and date you are entering to ensure they are correct.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for fund management, such as:
  
  FMX1: Create Fund
  FMX2: Change Fund
  FMX3: Display Fund
  FMAVCR01: Display Commitment Items
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to fund management errors.
  Documentation: Review SAP documentation or user manuals related to Fund Management for additional context and troubleshooting steps.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a technical consultant for further assistance.