How To Fix PSM_S4C_FM_MD321 - Validity cannot start on &1; this fund has WBS elements valid up to &2.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 321

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

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_MD321 - Validity cannot start on &1; this fund has WBS elements valid up to &2. ?

  The SAP error message PSM_S4C_FM_MD321 indicates that there is a validity issue with a fund in the context of Public Sector Management (PSM) and Fund Management (FM). Specifically, the error states that the validity period for a fund cannot start on a certain date because there are Work Breakdown Structure (WBS) elements associated with that fund that are valid only up to a different date.
  Cause:
  The error occurs when:
  
  You are trying to activate or change the validity period of a fund (or a related object) to start on a date that is earlier than the end date of existing WBS elements linked to that fund.
  The WBS elements have a defined validity period that does not align with the new validity period you are trying to set for the fund.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check WBS Elements: Review the WBS elements associated with the fund in question. Identify their validity periods and ensure that they are aligned with the validity period you want to set for the fund.
  
  
  Adjust Validity Period:
  
  If the WBS elements are valid up to a certain date (e.g., &2), you need to either:
  
  Change the validity start date of the fund to a date that is on or after the end date of the WBS elements.
  Extend the validity of the WBS elements to cover the new validity period of the fund.
  
  
  
  
  
  Consult Documentation: Refer to your organization's internal documentation or SAP help resources for specific guidelines on managing fund and WBS element validity periods.
  
  
  Testing: After making the necessary adjustments, test the changes in a development or test environment before applying them in production to ensure that the error is resolved.
  
  
  Seek Help: If you are unable to resolve the issue, consider reaching out to your SAP support team or a consultant who specializes in SAP PSM and FM for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CJ20N (Project Builder) for managing WBS elements and FMAVCR01 (Budget Control System) for fund management.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address known issues.
  Training: Consider training sessions or workshops on SAP Fund Management and Project System to better understand the relationships between funds and WBS elements.
  
  By following these steps, you should be able to resolve the error and ensure that the validity periods for funds and WBS elements are correctly aligned.