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

PSM_S4C_FM_MD241 - Overview

• 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