How To Fix /PM0/ALB_MESSAGES516 - Chosse at least one target fund for &1 (coverage &2)

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_MESSAGES -

• Message number: 516

• Message text: Chosse at least one target fund for &1 (coverage &2)

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALB_MESSAGES516 - Chosse at least one target fund for &1 (coverage &2) ?

  The SAP error message /PM0/ALB_MESSAGES516 typically indicates that a user is trying to perform an action related to fund management, but has not selected any target fund for a specific coverage. This error is common in scenarios where fund allocations or transfers are being processed, and it requires at least one target fund to proceed.
  Cause:
  The error occurs when:
  
  The user attempts to execute a transaction that requires the selection of a target fund but has not selected any.
  The system expects at least one target fund to be specified for the coverage indicated in the error message.
  
  Solution:
  To resolve this error, you should:
  
  Review the Transaction: Go back to the transaction where the error occurred.
  Select a Target Fund: Ensure that you select at least one target fund for the specified coverage. This may involve:
  
  Navigating to the relevant section of the transaction where target funds can be selected.
  Checking if the target fund is available and valid for the coverage you are working with.
  
  
  Validate Coverage: Make sure that the coverage you are trying to use is correctly set up and that it has associated target funds.
  Check Authorizations: Ensure that you have the necessary authorizations to select and use the target funds.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using specific transaction codes related to fund management, such as FMX1 (Create Fund), FMX2 (Change Fund), or others.
  Documentation: Refer to SAP documentation or help files related to fund management for more detailed guidance on how to manage target funds and coverage.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with a functional expert in SAP Fund Management.
  
  By ensuring that you select the appropriate target fund, you should be able to resolve the error and proceed with your transaction.