How To Fix PSM_S4C_FM_MD341 - Validity cannot start on &1; this fund has fixed assets valid up to &2.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 341

• Message text: Validity cannot start on &1; this fund has fixed assets 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_MD341 - Validity cannot start on &1; this fund has fixed assets valid up to &2. ?

  The SAP error message PSM_S4C_FM_MD341 indicates that there is an issue with the validity period of a fund in the context of Public Sector Management (PSM) and Fund Management (FM). Specifically, the error states that the validity of the fund cannot start on a specified date because the fund has fixed assets that are valid only up to a certain date.
  Cause:
  The error occurs when you attempt to activate or change the validity period of a fund that has fixed assets associated with it. The fixed assets have a validity period that ends before the new validity start date you are trying to set for the fund. This creates a conflict because the system requires that the fund's validity period must encompass the validity of any associated fixed assets.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Fixed Assets Validity: Review the fixed assets associated with the fund to determine their validity period. You can do this by navigating to the asset master data in SAP.
  
  
  Adjust Fund Validity: If possible, adjust the validity start date of the fund to a date that is on or before the end date of the fixed assets' validity. This ensures that the fund's validity period covers the fixed assets.
  
  
  Modify Fixed Assets: If the fund's validity period needs to start on a specific date that is after the fixed assets' validity, consider extending the validity of the fixed assets to match the fund's new validity period.
  
  
  Consult Documentation: Review any relevant SAP documentation or configuration settings related to fund management and fixed assets to ensure compliance with your organization's policies.
  
  
  Seek Help from SAP Support: If you are unable to resolve the issue through the above steps, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and FMX1 (Create Fund) to manage assets and funds effectively.
  Configuration Settings: Review the configuration settings in the SAP system related to fund management and fixed asset management to ensure they align with your organization's requirements.
  User Roles and Authorizations: Ensure that you have the necessary permissions to make changes to fund and asset data in the SAP system.
  
  By following these steps, you should be able to address the error message and ensure that the fund and its associated fixed assets are properly aligned in terms of validity periods.