How To Fix PSM_S4C_FM_MD241 - Account &1 is relevant to cash flow.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 241

• Message text: Account &1 is relevant to cash flow.

What causes this issue?

Account &V1& is defined as <LS>Relevant to Cash Flow</> and therefore
must have budget consumption type <LS>Payments</> (57).

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?

Change the budget consumption type to <LS>Payments</> (57).

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_MD241 - Account &1 is relevant to cash flow. ?

  The SAP error message PSM_S4C_FM_MD241 indicates that a specific account (denoted by &1) is relevant to cash flow, which means that it is being used in a context where cash flow reporting or management is involved. This error typically arises in the context of Public Sector Management (PSM) or Financial Management (FM) modules in SAP.
  Cause:
  The error can occur due to several reasons, including:
  
  
  Account Configuration: The account in question may not be properly configured for cash flow reporting. This could be due to missing settings in the account master data or in the cash flow configuration.
  
  
  Transaction Type: The transaction being processed may not be compatible with the cash flow requirements for the specified account.
  
  
  Posting Rules: There may be specific posting rules or validations that are not being met for the account, leading to the error.
  
  
  Integration Issues: If the account is integrated with other modules (like Controlling or Asset Accounting), there may be inconsistencies or misconfigurations causing the error.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the account master data and verify that the account is set up correctly for cash flow reporting.
  Ensure that the account is marked as relevant for cash flow in the configuration settings.
  
  
  
  Review Transaction Type:
  
  Ensure that the transaction type being used is appropriate for the account and that it aligns with cash flow reporting requirements.
  
  
  
  Validate Posting Rules:
  
  Check the posting rules associated with the account to ensure that they are correctly defined and that the transaction meets these rules.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to cash flow management and the specific error message for additional insights.
  
  
  
  Test with Different Scenarios:
  
  If possible, try posting transactions with different accounts or transaction types to isolate the issue.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. Provide them with the error message details and any relevant transaction information.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing account settings, such as FS00 (G/L Account Master Record) or OBC4 (Define Cash Flow Accounts).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches.
  Community Forums: Engage with 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 the root cause of the error and implement a solution to resolve it.