How To Fix PSM_S4C_FM_MD260 - Budget account &1 does not exist.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 260

• Message text: Budget account &1 does not exist.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_MD260 - Budget account &1 does not exist. ?

  The SAP error message PSM_S4C_FM_MD260 indicates that a budget account specified in a financial transaction does not exist in the system. This error typically occurs in the context of Public Sector Management (PSM) or Funds Management (FM) when trying to post a transaction that references a budget account that has not been defined or activated.
  
  Cause:
  
  Non-Existent Budget Account: The budget account specified in the transaction does not exist in the system.
  Incorrect Account Assignment: The account number may have been entered incorrectly, leading to the system not recognizing it.
  Inactive Budget Account: The budget account may exist but is not active or has been deactivated.
  
  Configuration Issues: There may be issues with the configuration of the Funds Management module, leading to the account not being recognized.
  
  
  Solution:
  
  
  Verify Account Existence:
  
  Check if the budget account exists in the system. You can do this by navigating to the relevant transaction (e.g., FMBB, FMX1) to view budget accounts.
  Use transaction