How To Fix PSM_S4C_BUDGET031 - &1 is not a leading ledger. Please use ledger &2 instead.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_BUDGET -

• Message number: 031

• Message text: &1 is not a leading ledger. Please use ledger &2 instead.

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_BUDGET031 - &1 is not a leading ledger. Please use ledger &2 instead. ?

  The SAP error message PSM_S4C_BUDGET031 indicates that the ledger you are trying to use for budgetary control is not a leading ledger. In SAP, a leading ledger is the primary ledger that is used for financial reporting and is typically the one that is set up to comply with the accounting principles of the organization.
  Cause:
  The error occurs when:
  
  You attempt to post a budget or perform a budget-related operation using a ledger that is not designated as the leading ledger.
  The system is configured to require the use of a leading ledger for certain budgetary control functions.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Identify the Correct Ledger: The error message provides you with an alternative ledger (ledger &2) that you should use instead of the one you initially selected. Make sure to use this ledger for your budgetary control operations.
  
  
  Check Ledger Configuration:
  
  Go to the SAP configuration settings and verify the configuration of your ledgers.
  Ensure that the ledger you are trying to use is set up correctly and is designated as a leading ledger if it is intended to be used for budgetary control.
  
  
  
  Adjust Your Posting: If you are using a transaction or report that requires a leading ledger, make sure to select the correct ledger (the one indicated in the error message) when performing your budget-related tasks.
  
  
  Consult Documentation: Review the SAP documentation or help resources related to budgetary control and ledgers to understand the requirements and configurations better.
  
  
  Contact SAP Support: If you are unable to resolve the issue with the above steps, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  
  Related Information:
  
  Leading Ledger: In SAP, the leading ledger is the primary ledger that reflects the financial position of the company. It is typically used for external reporting and must comply with the relevant accounting standards.
  Non-Leading Ledger: These are additional ledgers that can be used for internal reporting or specific purposes but are not used for external financial reporting.
  Budgetary Control: This is a process in SAP that allows organizations to manage their budgets effectively, ensuring that expenditures do not exceed the allocated budget.
  
  By following these steps and understanding the context of the error, you should be able to resolve the issue effectively.