Budget Error: Value FUND_CODE For Chartfield xx is not valid for budgeting
PeopleSoft Financials: Commitment Control
9.2.044 PT 8.59.09
We added new Effective Date in our Budget Definitions for upcoming fiscal year (07/01/2023) using + icon. However, when we attempt to post manual budget journals (or import budget spreadsheet load) dated 07/01/2023, we get error message "Value FUND_CODE For Chartfield 10 is not valid for budgeting". Fund 10 is our Default Operating and we have no issue when budget-checking a general ledger journal entry dated 07/01/2023.
What is triggering this error for the Commitment Control budget journal?