How To Fix PSM_S4C_FM_MD407 - Postings for sponsored class &1 exist.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 407

• Message text: Postings for sponsored class &1 exist.

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_MD407 - Postings for sponsored class &1 exist. ?

  The SAP error message PSM_S4C_FM_MD407 indicates that there are existing postings for a sponsored class in the system, which is preventing certain actions from being completed. This error typically arises in the context of Public Sector Management (PSM) and Fund Management (FM) modules when trying to perform operations that require the sponsored class to be free of any existing postings.
  Cause:
  The error occurs when:
  
  There are financial transactions or postings associated with a specific sponsored class that you are trying to modify or delete.
  The system enforces data integrity rules that prevent changes to sponsored classes that have active postings.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Identify Existing Postings:
  
  Use transaction codes such as FMAVCR01 (for checking budget consumption) or FMBB (for budget adjustments) to identify the postings related to the sponsored class in question.
  Review the relevant reports or tables to find out which transactions are linked to the sponsored class.
  
  
  
  Clear or Reverse Postings:
  
  If possible, reverse or clear the existing postings associated with the sponsored class. This may involve:
  
  Reversing journal entries.
  Adjusting budget allocations.
  Deleting or modifying transactions that are no longer needed.
  
  
  
  
  
  Consult with Stakeholders:
  
  If the postings are valid and should not be removed, consult with relevant stakeholders (e.g., finance team, project managers) to understand the implications of removing these postings.
  
  
  
  Check Configuration:
  
  Ensure that the configuration settings for the sponsored class are correct and that there are no inconsistencies in the setup that could lead to this error.
  
  
  
  Documentation and Support:
  
  Refer to SAP documentation for further details on handling sponsored classes and postings.
  If the issue persists, consider reaching out to SAP support or your internal SAP support team for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for Fund Management and Public Sector Management.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address the issue.
  User Roles: Ensure that you have the necessary authorizations to view and modify postings related to sponsored classes.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.