How To Fix PSM_S4C_FM_MD029 - Fund &1 is assigned to cost center.


SAP Error Message - Details

  • Message type: E = Error

  • Message class: PSM_S4C_FM_MD -

  • Message number: 029

  • Message text: Fund &1 is assigned to cost center.

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  • Self-Explanatory Message

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    To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

    Unfortunately, there isn't any extra information in this error notice.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message PSM_S4C_FM_MD029 - Fund &1 is assigned to cost center. ?
    The SAP error message PSM_S4C_FM_MD029 indicates that a fund is assigned to a cost center, which is causing an issue in the financial management process. This error typically arises in the context of Public Sector Management (PSM) or Funds Management (FM) within SAP.
    
    Cause: The error occurs when there is an attempt to post a transaction that involves a fund that is already assigned to a cost center. This can happen in various scenarios, such as: Incorrect Configuration: The fund is configured in a way that it should not be associated with a cost center. Posting Logic: The posting logic in the transaction does not align with the fund's assignment rules. Data Entry Error: There may be a mistake in the data entry where the fund is incorrectly linked to a cost center.
    Solution: To resolve this error, you can take the following steps: Check Fund Assignment: Go to the relevant configuration settings in SAP and verify the assignment

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