How To Fix PSM_S4C_POSTINGS014 - Posting with account &1 requires an assigned functional area

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_POSTINGS -

• Message number: 014

• Message text: Posting with account &1 requires an assigned functional area

What causes this issue?

You are posting using the G/L account &V1& (classified as a budget
consumption type for expenses/revenues, CO postings or down payments)
and the company code &V2& (activated for Public Sector Management).
This is only possible if a functional area has been assigned.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Either enter the respective functional area manually
or contact your system administrator.

Procedure for System Administrators

Make sure that the respective functional area is derived automatically.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_POSTINGS014 - Posting with account &1 requires an assigned functional area ?

  The SAP error message PSM_S4C_POSTINGS014 indicates that a posting with a specific account requires an assigned functional area. This error typically occurs in the context of Public Sector Management (PSM) or when dealing with specific account assignments in financial postings.
  Cause:
  The error arises when:
  
  A financial transaction is being posted to an account that is configured to require a functional area.
  The functional area is not specified in the posting document, which is mandatory for that particular account.
  
  Functional areas are used in SAP to categorize costs and revenues for reporting purposes, especially in public sector accounting.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the account in question and check its configuration in the SAP system. Ensure that it is set up to require a functional area.
  You can do this by navigating to the account in the Financial Accounting (FI) module and reviewing its settings.
  
  
  
  Assign Functional Area:
  
  When creating or editing the posting document, ensure that you assign a valid functional area to the transaction.
  This can typically be done in the line item details of the posting screen where you enter the account information.
  
  
  
  Review Posting Document:
  
  If you are using a custom program or transaction to create postings, ensure that the functional area is being populated correctly in the document.
  Check for any user exits or BAdIs that might be affecting the posting logic.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to functional areas and account assignments to ensure compliance with your organization's accounting policies.
  
  
  
  Testing:
  
  After making the necessary changes, try to post the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Functional Areas: These are used in SAP for reporting purposes and are essential for tracking costs and revenues in public sector accounting.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB50 (General Ledger Account Document Entry) or F-02 (General Posting) where this error might occur.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message, as there may be updates or fixes provided by SAP.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.