GM Revaluation Error: FM account assignments need to be assigned for each grantee year

[Former Member]

Client uses SAP Grants Management for grantee integrated with Funds Management.

We use the account assignment elements Fund, Fund Center and commitment items for FM, Sponsored Program and Class for Grants Management.

Funded Program and Functional Area are not used due to client requirement.

The configuration for the GM revaluation program requires that the following default account assignments be updated

• FM area
• Fiscal year
• Budget document types
• Funds center
• Commitment item
• Functional area
• Funded program

Since we  do not use Functional area and funded program hence we get the error message "FM account assignments need to be assigned for each grantee year" any time we try to run the GM revaluation program GM_REVAL.

Can anybody advise on what can be done so that the revaluation program can be successfully run?

[amarlal_lohano]

Dear Mike,

Have you gone through the solution provided in following thread?

FM account assignments need to be assigned for ... | SCN

Regards,

Amar Lal

[Former Member]

Issue resolved.

FM Default values must be set up for the whole grant validity period in customizing.

This brings up another question. Is it possible to limit the revaluation to a particular fiscal year and not for previous fiscal years? Client requires revaluation to run only for one fiscal year while leaving out past years.

[amarlal_lohano]

Dear Mike,

I am afraid there is no direct way to achieve it. You can either limit it for a particular fiscal year on a Grant Type in the same node of FM Default settings in Grants Management for Grantee, or you can maintain a unique exchange rate in OB08 throughout the period, where u dont want the program to revalue the previous amounts. 

Thanks and Regards,

Amar Lal