How To Fix PSM_S4C_POSTINGS016 - Posting with account &1 requires an assigned grant

PSM_S4C_POSTINGS016 - Overview

• Message type: E = Error

• Message class: PSM_S4C_POSTINGS -

• Message number: 016

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

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 grant 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 grant manually
or contact your system administrator.

Procedure for System Administrators

Make sure that the respective grant 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_POSTINGS016 - Posting with account &1 requires an assigned grant ?

  The SAP error message PSM_S4C_POSTINGS016 indicates that a posting with a specific account requires an assigned grant. This error typically occurs in the context of Public Sector Management (PSM) or Fund Management (FM) within SAP, where certain accounts are linked to grants or funding sources.
  
  Cause:
  The error arises when you attempt to post a transaction to an account that is configured to require a grant, but no grant has been assigned to the transaction. This can happen in various scenarios, such as:
  
  Missing Grant Assignment: The transaction does not have a grant assigned, which is mandatory for the account being used.
  Incorrect Account Configuration: The account may be set up to require a grant, but the necessary configuration or assignment is missing.
  Posting Document Issues: The document being posted may not have the required fields filled out correctly, leading to the absence of a grant assignment.
  
  
  Solution:
  To resolve this error, you can take the following