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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_MD266 - Sponsored class is not applicable for account &1. ?

  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 to the account master data and verify that the account is correctly configured to accept the sponsored class.
  Ensure that the account type and other relevant settings are appropriate for the sponsored class.
  
  
  
  Verify Sponsored Class Assignment:
  
  Check if the sponsored class is assigned to the account. You can do this by navigating to the relevant configuration settings in SAP.
  If the sponsored class is not assigned, you may need to assign it to the account.
  
  
  
  Review Compatibility:
  
  Ensure that the sponsored class is compatible with the account type and the transaction you are trying to perform.
  Consult the documentation or configuration guides for your specific SAP version to understand the relationships between accounts and sponsored classes.
  
  
  
  Check Authorizations:
  
  Verify that the user has the necessary authorizations to use the sponsored class with the specified account.
  If needed, consult with your SAP security team to ensure that the user roles and authorizations are correctly set up.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Fund Management and sponsored classes for any additional insights or specific configuration requirements.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration or version.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FMX1 (Create Fund) or FMX2 (Change Fund) to manage fund-related data.
  Configuration Path: The configuration for sponsored classes and accounts can typically be found under the Public Sector Management (PSM) settings in the SAP IMG (Implementation Guide).
  Documentation: Refer to the SAP Help Portal for detailed documentation on Fund Management and sponsored classes.
  
  By following these steps, you should be able to identify and resolve the issue related to the error message PSM_S4C_FM_MD266.