How To Fix 5G672 - Daily rate multiplied by duration of award produces total amount &

SAP Error Message - Details

• Message type: E = Error

• Message class: 5G - HR: Messages for Britain

• Message number: 672

• Message text: Daily rate multiplied by duration of award produces total amount &

What causes this issue?

The daily rate entered multiplied by the number of days
specified does not equal the total amount you have entered.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check that your entries are correct.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 5G672 - Daily rate multiplied by duration of award produces total amount & ?

  The SAP error message 5G672 typically relates to issues in the calculation of amounts in the context of awards or contracts, particularly when dealing with daily rates and their duration. This error indicates that the total amount calculated from the daily rate multiplied by the duration of the award is not matching the expected or required value.
  Cause:
  
  Incorrect Data Entry: The daily rate or duration may have been entered incorrectly in the system.
  Configuration Issues: There may be configuration settings in the SAP system that are not set up correctly for the specific award or contract type.
  Currency Conversion Issues: If the daily rate is in a different currency than what is expected, it could lead to discrepancies in the total amount.
  Rounding Issues: Rounding rules applied in the system may lead to differences in the calculated total amount.
  Missing or Incomplete Data: Required fields may not be filled out completely, leading to calculation errors.
  
  Solution:
  
  Verify Data Entry: Check the daily rate and duration values entered in the system for accuracy. Ensure that they are correct and in the expected format.
  Review Configuration: Consult with your SAP configuration team to ensure that the settings for the award or contract type are correctly configured.
  Check Currency Settings: Ensure that the currency settings are correct and that any necessary conversions are being applied properly.
  Adjust Rounding Rules: If rounding is causing issues, review the rounding rules in the system and adjust them if necessary.
  Complete Missing Data: Ensure that all required fields are filled out and that there are no missing entries that could affect the calculation.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its system with fixes and improvements.
  Documentation: Review the SAP documentation related to contract management and award processing for any specific guidelines or requirements.
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed, and solutions shared.
  Testing: If changes are made, conduct thorough testing to ensure that the issue is resolved and that no new issues arise from the changes.
  
  If the problem persists after following these steps, it may be necessary to escalate the issue to your SAP support team for further investigation.