How To Fix PSM_S4C_FM_MD266 - Sponsored class is not applicable for account &1.

PSM_S4C_FM_MD266 - Overview

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 266

• Message text: Sponsored class is not applicable for account &1.

What causes this issue?

The sponsored class does not apply to account &V1&.

System Response

The sponsored class only applies to accounts with the budget consumption
type '99' and '95'.

How to fix this error?

Choose an account with the budget consumption type '99' or '95'.

Error message extract from SAP system. Copyright SAP SE.

PSM_S4C_FM_MD266 - Details

• The SAP error message PSM_S4C_FM_MD266 indicates that a sponsored class is not applicable for the specified account. This error typically arises in the context of Public Sector Management (PSM) and Fund Management (FM) within SAP, where certain accounts are expected to have specific sponsored classes associated with them.
  
  Cause:
  The error can occur due to several reasons:
  
  Incorrect Account Configuration: The account specified may not be configured to accept the sponsored class. This could be due to missing or incorrect settings in the account master data.
  Sponsored Class Not Assigned: The sponsored class you are trying to use may not be assigned to the account in question.
  Incompatibility: The sponsored class may not be compatible with the type of transaction or the specific account being used.
  Missing Authorizations: The user may not have the necessary authorizations to use the sponsored class with the specified account.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go