How To Fix WB2B_IFW005 - Portfolio type &1 is not marked as IFW relevant for application &2

SAP Error Message - Details

• Message type: E = Error

• Message class: WB2B_IFW - Messages for Invoice Forecasting Worklist

• Message number: 005

• Message text: Portfolio type &1 is not marked as IFW relevant for application &2

What causes this issue?

During a validation check of the configuration settings, the system
found that the portfolio type used is not specifiied as relevant for the
invoice forecasting worklist.

System Response

The system has terminated item processing and has generated an error
message.

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

In the Customzing settings for portfolio management , specify that the
portfolio type is relevant for invoice forecasting in the Customizing
activity <LS>Maintain Portfolio Type</>.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message WB2B_IFW005 - Portfolio type &1 is not marked as IFW relevant for application &2 ?

  The SAP error message WB2B_IFW005 indicates that a specific portfolio type is not marked as relevant for the Integrated Financial Workflow (IFW) for a given application. This error typically arises in the context of financial applications where portfolio management is involved, such as in SAP's Investment Management (IM) or Project System (PS) modules.
  Cause:
  The error occurs when:
  
  A portfolio type is being used in a transaction or process that requires it to be marked as relevant for IFW.
  The configuration settings for the portfolio type do not include the necessary flags or indicators to mark it as IFW relevant.
  
  Solution:
  To resolve this error, you need to ensure that the portfolio type in question is correctly configured. Here are the steps to do this:
  
  
  Access Customizing Settings:
  
  Go to the SAP Easy Access screen and enter the transaction code SPRO to access the SAP Reference IMG.
  
  
  
  Navigate to Portfolio Management Settings:
  
  Follow the path: Controlling -> Investment Management -> Basic Settings -> Define Portfolio Types.
  
  
  
  Check Portfolio Type Configuration:
  
  Locate the portfolio type that is causing the error (indicated by &1 in the error message).
  Ensure that the portfolio type is marked as relevant for IFW. There should be a checkbox or indicator for this setting.
  
  
  
  Adjust Settings:
  
  If the portfolio type is not marked as IFW relevant, select the appropriate checkbox to enable it.
  Save your changes.
  
  
  
  Test the Transaction:
  
  After making the changes, try to execute the transaction again that previously resulted in the error to confirm that the issue is resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation or help files for detailed information on portfolio management and IFW settings.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as IM01 (Create Investment Program) or IM02 (Change Investment Program) that may be related to your work.
  Support: If the issue persists after making the necessary changes, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  By following these steps, you should be able to resolve the WB2B_IFW005 error and ensure that your portfolio types are correctly configured for use in the Integrated Financial Workflow.