Year of cash effectivity mandatory for budget category &1

What causes this issue?

The FM update profile does not support the year of cash effectivity for
commitment/actual values (posting ledger &V4&). However, the year of
cash effectivity is mandatory in BCS budgeting for budget category &V1&
and FM area &V2&: the minimum value in this case is &V3&.

System Response

Processing of the commitment/actual data record stops.

How to fix this error?

Deactivate the year of cash effectivity for the corresponding budget
category &V1& and FM area &V2& in the IMG activity
<DS:SIMG._ISPSFM_N_V_FMBUDCAT>Choose Budget Category</>.

Procedure for System Administrators

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.