How To Fix PSM_S4C_POSTINGS024 - Budget period &1 does not exist.

PSM_S4C_POSTINGS024 - Overview

• Message type: E = Error

• Message class: PSM_S4C_POSTINGS -

• Message number: 024

• Message text: Budget period &1 does not 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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_POSTINGS024 - Budget period &1 does not exist. ?

  The SAP error message PSM_S4C_POSTINGS024 indicates that there is an issue with the budget period specified in a transaction. Specifically, the error message states that the budget period you are trying to use does not exist in the system.
  
  Cause:
  
  Incorrect Budget Period: The budget period you are trying to post to may not be defined in the system for the fiscal year you are working with.
  Fiscal Year Variant: The fiscal year variant may not be set up correctly, or the budget period may not align with the fiscal year variant.
  Period Status: The budget period may be closed or not open for posting.
  
  Configuration Issues: There may be configuration issues in the budget management settings that prevent the system from recognizing the budget period.
  
  
  Solution:
  
  
  Check Budget Period: Verify that the budget period you are trying to use is defined in the system. You can do this by navigating to the budget management settings in