How To Fix /PM0/ALB_FND_MSG624 - Could not determine fund type for fund &1 (line &2)

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_FND_MSG -

• Message number: 624

• Message text: Could not determine fund type for fund &1 (line &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_MSG624 - Could not determine fund type for fund &1 (line &2) ?

  The SAP error message /PM0/ALB_FND_MSG624 indicates that the system could not determine the fund type for a specified fund. This error typically occurs in the context of Public Sector Management (PSM) or Fund Management (FM) modules when there is an issue with the configuration or data related to funds.
  Cause:
  
  Missing Fund Type Configuration: The fund type for the specified fund may not be defined in the system.
  Incorrect Fund Assignment: The fund may not be correctly assigned to a fund type in the configuration.
  Data Inconsistencies: There may be inconsistencies or missing data in the master data related to funds.
  Authorization Issues: The user may not have the necessary authorizations to access the fund type information.
  
  Solution:
  
  
  Check Fund Type Configuration:
  
  Navigate to the configuration settings for fund types in the SAP system.
  Ensure that the fund type for the specified fund is defined and correctly configured.
  
  
  
  Verify Fund Assignment:
  
  Check the assignment of the fund to its fund type. This can usually be done in the fund master data.
  Ensure that the fund is correctly linked to a valid fund type.
  
  
  
  Review Master Data:
  
  Inspect the master data for the fund in question. Look for any missing or incorrect entries that could lead to this error.
  If necessary, update or correct the master data.
  
  
  
  Check Authorizations:
  
  Ensure that the user encountering the error has the necessary authorizations to view and manage fund types and funds.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on fund management and configuration.
  
  
  
  Debugging:
  
  If the issue persists, consider using debugging tools to trace the program execution and identify where the error is occurring.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FMX1 (Create Fund), FMX2 (Change Fund), or FMX3 (Display Fund) to manage fund data.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide patches or updates.
  Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with SAP experts for further assistance.
  
  By following these steps, you should be able to identify and resolve the issue related to the error message /PM0/ALB_FND_MSG624.