How To Fix PSM_S4C_FM_MD301 - Validity cannot start on &1; this fund has cost center valid up to &2.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 301

• Message text: Validity cannot start on &1; this fund has cost center valid up to &2.

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_MD301 - Validity cannot start on &1; this fund has cost center valid up to &2. ?

  The SAP error message PSM_S4C_FM_MD301 indicates that there is a validity issue with a fund in the context of Fund Management (FM) within SAP. Specifically, the error states that the validity of the fund cannot start on a specified date because the associated cost center is only valid up to a certain date.
  Cause:
  This error typically arises due to the following reasons:
  
  Cost Center Validity: The cost center associated with the fund is not valid for the date on which you are trying to execute the transaction. The cost center may have a validity period that ends before the start date of the fund.
  Fund Management Configuration: There may be issues with the configuration of the fund management settings, particularly regarding the relationship between funds and cost centers.
  Data Entry Error: There might be a mistake in the data entry, such as incorrect dates or fund assignments.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Cost Center Validity:
  
  Go to the cost center master data in SAP and check the validity dates of the cost center associated with the fund.
  Ensure that the cost center is valid for the date you are trying to use in your transaction.
  
  
  
  Adjust Validity Dates:
  
  If the cost center is not valid for the required date, you may need to extend the validity of the cost center or adjust the fund's start date to align with the cost center's validity.
  
  
  
  Review Fund Management Settings:
  
  Check the configuration settings in Fund Management to ensure that the relationship between funds and cost centers is correctly set up.
  Make sure that all necessary authorizations and settings are in place for the fund and cost center.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for further guidance on managing fund and cost center relationships.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like KS03 (Display Cost Center) to check the cost center details and FMX1 (Create Fund) to manage fund details.
  SAP Notes: Look for relevant SAP Notes that may address specific issues related to Fund Management and cost center validity.
  Training and Documentation: Ensure that users involved in fund management are trained on the importance of maintaining valid cost centers and funds.
  
  By following these steps, you should be able to identify and resolve the issue causing the error message PSM_S4C_FM_MD301.