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

PSM_S4C_FM_MD258 - Overview

• 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