How To Fix PSM_S4C_POSTINGS018 - Posting with account &1 requires an assigned budget account.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_POSTINGS -

• Message number: 018

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

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 budget account 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 budget account manually
or contact your system administrator.

Procedure for System Administrators

Make sure that the respective budget account 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_POSTINGS018 - Posting with account &1 requires an assigned budget account. ?

  The SAP error message PSM_S4C_POSTINGS018 indicates that a posting with a specific account requires an assigned budget account. This error typically occurs in the context of Public Sector Management (PSM) or when dealing with budgetary control in SAP.
  Cause:
  The error arises when you attempt to post a transaction to a specific account (denoted by &1 in the error message) that is configured to require a budget account, but no budget account has been assigned to that account in the system. This is often related to budgetary control settings where certain accounts are linked to budgetary processes.
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Account Configuration:
  
  Go to the account configuration in the SAP system (transaction code OBY6 or FS00).
  Verify that the account in question (the one indicated by &1) is set up correctly and check if it requires a budget account.
  
  
  
  Assign a Budget Account:
  
  If the account requires a budget account, you need to assign a valid budget account to it.
  This can typically be done in the account master data settings. Look for a field related to budget accounts and ensure it is populated with the correct budget account.
  
  
  
  Review Budget Control Settings:
  
  Check the budget control settings in your organization to ensure that the account is correctly configured to work with the budgetary control framework.
  You may need to consult with your finance or controlling team to ensure that the settings align with your organization's financial policies.
  
  
  
  Test the Posting:
  
  After making the necessary changes, attempt the posting again to see if the error persists.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration or the required settings, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FS00: General Ledger Account Master Data
  OBY6: Define Account Types for Budgeting
  S_ALR_87013558: Budget Overview Report (to check budget availability)
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  
  
  
  User Roles:
  
  Ensure that you have the necessary authorizations to make changes to account configurations and budget settings.
  
  
  
  By following these steps, you should be able to resolve the error and successfully post the transaction. If the issue persists, further investigation into the specific configuration of your SAP system may be required.