How To Fix PSM_CASH_FLOW007 - Zero balancing is not defined for characteristic &1

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_CASH_FLOW -

• Message number: 007

• Message text: Zero balancing is not defined for characteristic &1

What causes this issue?

Source-based cash flow reporting does not work. Source-based cash flow
is represented by line items on the cash-relevant zero balance account.
To create these line items, zero balancing must be defined for
characteristic &v1&.

System Response

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

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

Select zero balance for the field using the Customizing activity
<LS>Define Document Splitting Characteristics for General Ledger
Accounting</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_CASH_FLOW007 - Zero balancing is not defined for characteristic &1 ?

  The SAP error message PSM_CASH_FLOW007 indicates that zero balancing is not defined for a specific characteristic in the context of cash flow management within the Public Sector Management (PSM) module. This error typically arises when the system is trying to process cash flow data, but it cannot find the necessary configuration for zero balancing for the specified characteristic.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Configuration: The zero balancing configuration for the specified characteristic (e.g., fund, fund center, or other relevant attributes) has not been set up in the system.
  Incorrect Characteristic: The characteristic being referenced may not be correctly defined or may not exist in the current context.
  Data Entry Issues: There may be issues with the data being processed, such as missing or incorrect entries that do not align with the defined characteristics.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for cash flow management in the SAP system.
  Ensure that zero balancing is defined for the characteristic indicated in the error message. This can typically be found in the customizing settings under:
  
  SPRO > Public Sector Management > Funds Management > Cash Flow Management > Define Zero Balancing.
  
  
  If it is not defined, you will need to create the necessary configuration.
  
  
  
  Review Characteristics:
  
  Verify that the characteristic mentioned in the error message is correctly defined in the system.
  Check if the characteristic is active and properly linked to the relevant cash flow processes.
  
  
  
  Data Validation:
  
  Review the data entries that are being processed when the error occurs. Ensure that all required fields are filled out correctly and that there are no discrepancies.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on cash flow management and zero balancing configurations.
  
  
  
  Testing:
  
  After making the necessary changes, perform tests to ensure that the error no longer occurs and that cash flow processing works as expected.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as SPRO for configuration, FMAVCR01 for checking budget availability, or FMME for cash flow management.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional insights into configuration requirements.
  User Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the cause of the PSM_CASH_FLOW007 error in your SAP system.