How To Fix PSM_S4C_FM_MD408 - Sponsored class &1 does not exist.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 408

• Message text: Sponsored class &1 does not exist.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_MD408 - Sponsored class &1 does not exist. ?

  The SAP error message PSM_S4C_FM_MD408 indicates that a sponsored class specified in your system does not exist. This error typically arises in the context of Public Sector Management (PSM) or Fund Management (FM) modules when trying to process transactions related to sponsored classes.
  Cause:
  
  Missing Sponsored Class: The sponsored class you are trying to use has not been defined in the system.
  Incorrect Configuration: There may be a configuration issue where the sponsored class is not properly set up or linked to the relevant funds or projects.
  Data Entry Error: There could be a typographical error in the sponsored class code being used in the transaction.
  
  Solution:
  
  
  Check Sponsored Class Configuration:
  
  Navigate to the configuration settings for sponsored classes in your SAP system.
  Ensure that the sponsored class you are trying to use is defined and active.
  
  
  
  Create or Update Sponsored Class:
  
  If the sponsored class does not exist, you may need to create it. This can typically be done through the relevant configuration transaction (e.g., SPRO).
  If it exists but is inactive or incorrectly configured, make the necessary adjustments.
  
  
  
  Verify Data Entry:
  
  Double-check the transaction or document where the error occurred to ensure that the sponsored class code is entered correctly.
  Look for any leading or trailing spaces or incorrect characters.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Fund Management and sponsored classes for additional guidance on setup and configuration.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing sponsored classes, such as:
  
  SPRO: Customizing settings.
  FMX1: Create sponsored class.
  FMX2: Change sponsored class.
  FMX3: Display sponsored class.
  
  
  
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may address the issue.
  
  
  User Roles and Authorizations: Ensure that the user attempting to access or create the sponsored class has the necessary authorizations.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.