How To Fix PSM_CASH_FLOW003 - Public Sector Management component is not active

PSM_CASH_FLOW003 - Overview

• Message type: E = Error

• Message class: PSM_CASH_FLOW -

• Message number: 003

• Message text: Public Sector Management component is not active

What causes this issue?

Source-based cash flow reporting does not work. The Public Sector
Management (PSM) component provides the following totals tables:
PSGLFLEXT
If the business function PSM, Cash-Basis Accounting and Cash Flow
Reporting (PSM_FA_CASH) is not active, you cannot use the PSGLFLEXT
totals table.
FMGLFLEXT
The field RE_ACCOUNT is used to trace cash through the system.
Therefore, PSM must be activated for the system to perform source-based
cash flow reporting.

System Response

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

Activate PSM using the Customizing activity Activate Global Funds
Management Functions (PSM-FM).
If you are activating PSM for the first time, all existing general
ledgers become invisible. You can either create new ledgers or reassign
existing general ledgers using the report Change Application from FI-GLF
to FI-PSM (FMGL_CHANGE_APPL_IN_LEDGER). For more information, see SAP
Note 840783.
If you have activated the business functions for cash flow, PSM,
Cash-Basis Accounting and Cash Flow Reporting (PSM_FA_CASH) or PSM, Fund
Accounting 2 (PSM_FA_CI_2), then you must run the method Postprocessing
(CL_PSM_GL_EX_LEDGERS=>IF_EX_SFW_SWITCH_CHANGED~POSTPROCESS_SWITCH)
using the class builder, transaction SE24.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_CASH_FLOW003 - Public Sector Management component is not active ?

  The SAP error message PSM_CASH_FLOW003 indicates that the Public Sector Management (PSM) component is not active in your SAP system. This error typically arises when you attempt to access functionalities related to cash flow management in the Public Sector Management module, but the necessary component is not enabled.
  
  Cause:
  
  Inactive Component: The PSM component is not activated in your SAP system. This can happen if the system was not configured to include Public Sector Management during installation or if the component was deactivated.
  Missing Authorizations: Sometimes, the user may not have the necessary authorizations to access the PSM functionalities, leading to similar error messages.
  System 
  Configuration Issues: There may be issues with the system configuration or settings that prevent the PSM component from functioning correctly.
  
  
  Solution:
  
  
  Activate the PSM Component:
  
  You need to ensure that the Public Sector Management component is activated in your SAP system. This typically requires access to the SAP system's configuration settings.
  You can