Budget Exceeded but no Error message Assign more than allocated
I am stuck in a situation where the Error Message BP603 while creating a PO for a wbs at level 2.
IN cj30 , i found out that Budget = 69500000 and assigned = 69950772
if i create a PO OF even .30 (thirty paisa) the budget exceeded amount = 450772.35, which is actually the diffrecene betweenn assigned and Budgeted values.
Now we are not able to raise any PO
Below is tolerance limit
please key in your valuable inputs.
In addition to the solution by all, you can reduce the assigned values by deleting the commitments. The commitment values can be checked in TC CJI5. All the PR's and PO's will be displayed here. The PR's and PO's which are no more used or will not have future receivables, can be marked as completed.
This will also reduce your assigned values and it will not be required to supplement budget to project.
There are other reasons why the budget is consumed more than the allocated budget. The simple reasons might be, debit and credit notes, downpayments etc. Hence you need to dig out all reports which can display these reports and reduce assigned values.
Hope this helps to find the root cause for assigned value > allocated budget.
Thanks and regards,