How To Fix PSM_S4C_FM_MD342 - Validity cannot end on &1; this fund has fixed assets valid from &2 on.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 342

• Message text: Validity cannot end on &1; this fund has fixed assets valid from &2 on.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_MD342 - Validity cannot end on &1; this fund has fixed assets valid from &2 on. ?

  The SAP error message PSM_S4C_FM_MD342 indicates that there is an issue with the validity period of a fund in the context of fixed assets. Specifically, the error states that the validity cannot end on a certain date because the fund has fixed assets that are valid from a different date.
  Cause:
  This error typically arises in the following scenarios:
  
  Inconsistent Validity Dates: The fund you are trying to modify or end has fixed assets that are valid from a date that overlaps or conflicts with the date you are trying to set as the end of the fund's validity.
  Configuration Issues: There may be configuration settings in the fund management or asset accounting modules that are not aligned properly.
  Data Entry Errors: Incorrect data entry when setting up the fund or its associated fixed assets.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Validity Dates:
  
  Review the validity dates of the fund and the associated fixed assets. Ensure that the end date you are trying to set for the fund does not conflict with the start date of any fixed assets linked to that fund.
  
  
  
  Adjust Dates:
  
  If the fund's end date is indeed conflicting with the fixed assets, you may need to adjust the end date of the fund or the start date of the fixed assets to ensure they do not overlap.
  
  
  
  Review Fund and Asset Configuration:
  
  Check the configuration settings for both the fund and the fixed assets in the SAP system. Ensure that they are set up correctly and that there are no discrepancies.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidelines on managing fund validity and fixed assets.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FMX1 (Create Fund), FMX2 (Change Fund), or AS01 (Create Asset) to review and modify fund and asset details.
  Fund Management: Understanding the principles of fund management in SAP can help in troubleshooting similar issues in the future.
  Asset Accounting: Familiarity with asset accounting processes and how they interact with fund management will be beneficial.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.