Facing When Create New Budget "An Approved Budget Version For COST Amounts Already Exists"

(Doc ID 2293666.1)

Last updated on AUGUST 04, 2017

Applies to:

Oracle Fusion Project Control Cloud Service - Version 11.12.1.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 11.12.1.0.0 version, Plan Project-Manage Project Budget

Facing when create new budget "An approved budget version for COST amounts already exists"

I had created a project "Marina Beach" project no. "5004" from template "Real Estate Indirect Project Template".

Then assigned resource in project, and going to base line the project but I can not base line the budget because there is no financial plan type in "LOV"

I tried to create new budget, but I was facing following error
"An approved budget version for COST amounts already exists with another financial plan type. Select a different financial plan type to proceed."

There is no budget version for the project.

PFA screen shot for the steps followed by me.

ERROR
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"An approved budget version for COST amounts already exists with another financial plan type. Select a different financial plan type to proceed."


STEPS
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The issue can be reproduced at will with the following steps:
1. I had created a project "Marina Beach" project no. "5004" from template "Real Estate Indirect Project Template".

Then assigned resource in project, and going to base line the project but I can not base line the budget because there is no financial plan type in "LOV"
Enabled the Budgetary Control at the Financial Plan Type level
I tried to create new budget, but I was facing following error


Cause

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