How To Fix PSM_S4C_BUDGET026 - Postings to budget period &1 are allowed only between &2 and &3

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_BUDGET -

• Message number: 026

• Message text: Postings to budget period &1 are allowed only between &2 and &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_BUDGET026 - Postings to budget period &1 are allowed only between &2 and &3 ?

  The SAP error message PSM_S4C_BUDGET026 indicates that there is an issue with budget postings in the Public Sector Management (PSM) module. Specifically, it means that you are trying to post to a budget period that is outside the allowed range defined in the system.
  Cause:
  The error occurs when:
  
  You attempt to post a transaction to a budget period (e.g., a fiscal year or month) that is not open for posting.
  The allowed posting period is defined by the system settings, which specify the start and end dates for budget postings.
  The budget period you are trying to access is either closed or not yet opened for the specified fiscal year.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Budget Period Settings:
  
  Go to the configuration settings in SAP for budget control and verify the allowed posting periods.
  Ensure that the budget period you are trying to post to is open.
  
  
  
  Open the Budget Period:
  
  If the budget period is closed, you may need to open it for posting. This can typically be done by a user with the appropriate authorization.
  Navigate to the transaction code for budget period management (e.g., transaction code FMBB for budget management) and adjust the settings accordingly.
  
  
  
  Review Fiscal Year Settings:
  
  Ensure that the fiscal year settings are correctly configured. This includes checking the fiscal year variant and the associated periods.
  
  
  
  Consult with Your SAP Administrator:
  
  If you do not have the necessary permissions to change the budget period settings, consult with your SAP administrator or finance team to make the required adjustments.
  
  
  
  Check for Other Restrictions:
  
  There may be other restrictions or settings in place that prevent postings. Review any related configuration or consult SAP documentation for further details.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FMBB: Budget Management
  OB52: Open and Close Posting Periods
  S_ALR_87013558: Budget Reports
  
  
  
  SAP Notes and Documentation:
  
  Check SAP Notes for any known issues or updates related to budget postings.
  Review the SAP Help Portal for detailed documentation on budget management in the PSM module.
  
  
  
  User Roles and Authorizations:
  
  Ensure that users have the necessary roles and authorizations to perform budget postings.
  
  
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solution to allow budget postings in the specified period.