How To Fix 5O406 - No. Days and "Type/Quantity" only in connection w/ "Payments in Kind"

SAP Error Message - Details

• Message type: E = Error

• Message class: 5O - Notifications in the Master Data Area (Austria)

• Message number: 406

• Message text: No. Days and "Type/Quantity" only in connection w/ "Payments in Kind"

What causes this issue?

In the group box <ZH>Non-monetary rem.</> you have filled in the fields
<ZH>No.of days</> and <ZH>Type/amount</>. However, you have not chosen
the field <ZH>Non-monetary remuneration</>.

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?

If the employee has received non-monetary remuneration, choose the
field <ZH>Non-monetary remuneration</>.

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 5O406 - No. Days and "Type/Quantity" only in connection w/ "Payments in Kind" ?

  The SAP error message 5O406 typically indicates an issue related to the configuration or data entry for "Payments in Kind" (PIK) in the context of a financial transaction. This error specifically points out that the number of days and the "Type/Quantity" must be specified when dealing with PIK transactions.
  Cause:
  
  Missing Data: The error often arises when the required fields for "Number of Days" and "Type/Quantity" are not filled in during the transaction entry.
  Configuration Issues: There may be a configuration issue in the system settings related to PIK transactions that does not allow the transaction to process correctly.
  Incorrect Transaction Type: The transaction type being used may not be compatible with PIK, leading to the requirement for additional fields.
  
  Solution:
  
  Check Data Entry: Ensure that when entering the transaction, both the "Number of Days" and "Type/Quantity" fields are filled out correctly. This is crucial for PIK transactions.
  Review Configuration: If you have access, check the configuration settings for PIK in the SAP system. Ensure that all necessary parameters are set up correctly.
  Consult Documentation: Refer to SAP documentation or help files related to PIK transactions to ensure that you are following the correct procedures.
  User Training: If this error is common among users, consider providing additional training on how to properly enter PIK transactions in the system.
  Contact Support: If the issue persists after checking the above points, it may be necessary to contact your SAP support team or consult with an SAP expert to investigate further.
  
  Related Information:
  
  Payments in Kind (PIK): This refers to a type of payment where goods or services are provided instead of cash. In financial transactions, it is important to specify the terms clearly, including the duration and quantity.
  Transaction Types: Different transaction types in SAP may have specific requirements for data entry. Ensure that you are using the correct transaction type for PIK.
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional guidance on handling PIK transactions.
  
  By addressing the missing fields and ensuring proper configuration, you should be able to resolve the error message 5O406 effectively.