Error with Commitment Update

Hi SD Gurus,
We are on platform ECC 6.0.
While going through the SD cycle we are facing certain issues.
While creating a quantity contract and trying to save it we get a pop up box "Error with Commitment Update".
Status is being set.
The order cannot be delivered / billed.
If I'm not saving it and going back to the screen we get the following error.
System error: Funds management update (LFMOIF01,ORGVG)
Message no. FI057
Please advise.
Thanks,
Rajbans

The software component EA-PS was updated to latest patch SAPKGPPD06 which resolved the issue.

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