How To Fix 53231 - Premium formula &1 for the period is not correct

53231 - Overview

• Message type: E = Error

• Message class: 53 - Incentive Wages Data

• Message number: 231

• Message text: Premium formula &1 for the period is not correct

What causes this issue?

The calculation rule of premium formula &v1& is not defined correctly.

System Response

The result cannot be calculated for the period.

How to fix this error?

Check the calculation rule of premium formula &v1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 53231 - Premium formula &1 for the period is not correct ?

  The SAP error message "53231 Premium formula &1 for the period is not correct" typically occurs in the context of SAP's Human Capital Management (HCM) module, particularly when dealing with payroll calculations or benefits management. This error indicates that there is an issue with the premium formula defined for a specific period, which may affect payroll processing or benefits calculations.
  
  Cause:
  
  Incorrect Formula Configuration: The premium formula referenced by &1 may not be correctly defined in the system. This could be due to missing parameters, incorrect logic, or syntax errors in the formula.
  Period Mismatch: The formula may not be applicable for the specified period, possibly due to changes in regulations, company policies, or system updates.
  Master Data Issues: There may be inconsistencies or missing data in the employee master records or related infotypes that the formula relies on.
  Versioning Issues: If the formula has been updated or changed, the system may still be referencing