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3512617 - Error FI_E120 ‘Closeout rules not defined’

Symptom

System issues error message FI_E120 "Closeout rules not defined" when closing open items.


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Environment

  • You work with the budgetary ledger
  • You use Funds Management with update profile 0600
  • The system is in S/4HANA

Product

SAP S/4HANA all versions

Keywords

FMMC ; FI_E120 ; V_FMCLOSEOUT ; SPRO ; RFFMCCLS ; Open Item ; , KBA , PSM-FM-CL , Closing Operations , Problem

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