The limits table for Monthly Budget has no entries in company code & in &

What causes this issue?

Legal limits for Monthly Budget are not defined.

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

System Response

The Monthy Budget validations cannot be performed because the system
does not have the relevant limits for the validation.

How to fix this error?

Specify the legal limits for monthly budget in IMG activity
<DS:SIMG.PFM_DUO_03>Define Legal Limits for Advance on Monthly Budget
</> or disable the monthly budget for PAP in IMG activity
<DS:SIMG.PFM_EXP_06>Define Use of Treasury</> by selecting field
<LS>Deact M Bt, </>for the relevant company code.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.