How To Fix U2029 - Assignment already exists for newly created controlling object &1

SAP Error Message - Details

• Message type: E = Error

• Message class: U2 - Treasury - Funds Management

• Message number: 029

• Message text: Assignment already exists for newly created controlling object &1

What causes this issue?

If you assign a Funds Management (FM) account assignment to a group,
then it is automatically assigned to all objects from this group.
You want to assign a new controlling object to group &V2&. However, you
have already assigned an FM account assignment to controlling object
&V1& which differs from the FM account assignment for group &V2&.

System Response

Function is not carried out.

How to fix this error?

If you want to keep the FM account assignment you have allocated to
group &V2&,
you must cancel the FM account assignment allocation for object &V1&
or do not assign controlling object &V1& to group &V2&.

Error message extract from SAP system. Copyright SAP SE.