Butcher was handed the ban following a pitchside confrontation during the recent Scottish League Cup quarter-final tie between his former club Inverness Caledonian Thistle and Dundee United.
Inverness beat United 2-1 on October 29 to reach their second successive semi-final but the victory was marred by a spat between the benches sparked off by the dismissal of United's Turkish striker Nadir Ciftci.
Ciftci had reacted angrily to a Richie Foran tackle on team-mate Gary Mackay-Steven and the incident led to Butcher and United coach Darren Jackson being sent to the stands.
The pair were charged with breaches of rule 203, for 'failing to behave in a responsible manner' and were issued with notices of complaint by SFA compliance officer Vincent Lunny.
The governing body's Disciplinary Tribunal considered the case and found Butcher, who is now in charge of Hibernian, guilty of breaching Rule 203 'Misconduct at a match by failing to behave in a responsible manner as an occupant of the technical area by acting in an aggressive manner towards players of the opposing team'.
He was subsequently fined £1000 and banned for two matches, one immediate and one suspended until the end of the season which will take effect in the event of a further breach of the same rule during the period.
Jackson's hearing was postponed and will be heard at a later date.
The ban means Butcher's No. 2 Maurice Malpas, who quit Caley to join him at Easter Road, will be in charge for Saturday's Scottish Premiership clash against Danny Lennon's in-form Saints in Paisley.