How To Fix PSM_S4C_FM_MD258 - Settings for account &1 with budget consumption type '55' not possible.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 258

• Message text: Settings for account &1 with budget consumption type '55' not possible.

What causes this issue?

Account &V1& with the budget consumption type <LS>Receivable</> (55)
must be a reconciliation account for customer (D), or this field must
be left blank.

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?

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_MD258 - Settings for account &1 with budget consumption type '55' not possible. ?

  The SAP error message PSM_S4C_FM_MD258 indicates that there is an issue with the settings for a specific account in the context of budget consumption type '55'. This error typically arises in the Public Sector Management (PSM) module when trying to process budget-related transactions.
  Cause:
  The error message suggests that the configuration for the specified account (denoted by &1) does not allow for the budget consumption type '55'. This could be due to several reasons, including:
  
  
  Incorrect Configuration: The account may not be properly configured to handle budget consumption type '55'. This could be due to missing settings in the budget control configuration.
  
  
  Budget Type Mismatch: The budget type associated with the account may not support the consumption type being used.
  
  
  Authorization Issues: There may be restrictions or missing authorizations that prevent the system from processing the budget consumption type for that account.
  
  
  Data Entry Errors: There could be errors in the data entry or transaction that is being processed, leading to this error.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the configuration settings for the account in question and verify that it is set up to allow budget consumption type '55'.
  Ensure that the account is linked to the correct budget type that supports this consumption type.
  
  
  
  Review Budget Control Settings:
  
  Navigate to the budget control settings in the SAP system and check if the budget consumption type '55' is correctly defined and associated with the relevant accounts.
  
  
  
  Adjust Budget Types:
  
  If necessary, adjust the budget types associated with the account to ensure compatibility with the consumption type.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to budget consumption types and account settings to ensure compliance with best practices.
  
  
  
  Test Transactions:
  
  After making the necessary adjustments, test the transaction again to see if the error persists.
  
  
  
  Seek Help from SAP Support:
  
  If the issue cannot be resolved through configuration changes, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO for configuration, FMBB for budget management, and FMAVCR01 for budget availability control.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Authorizations: Ensure that the user has the necessary authorizations to perform budget-related transactions.
  
  By following these steps, you should be able to identify and resolve the cause of the error message PSM_S4C_FM_MD258 in your SAP system.