How To Fix 5U516 - Error found while converting amount & from period & to period &

5U516 - Overview

• Message type: E = Error

• Message class: 5U - HR US: Messages

• Message number: 516

• Message text: Error found while converting amount & from period & to period &

What causes this issue?

The period modifier defines how often contributions are made to a plan.
The system calculates plan costs taking this into account.
During this calculation of cost, the system reads table T549Q to
establish how many periods there are of a particular sort (e.g.
bi-weekly) in a year.
The number of periods could not be found because there is an error in
this table.

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 the entries in table T549Q are correct and complete.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 5U516 - Error found while converting amount & from period & to period & ?

  The SAP error message 5U516 indicates that there is an issue with converting an amount from one period to another. This error typically arises in the context of financial transactions, such as during the posting of journal entries, when there is a discrepancy in the currency conversion or the periods involved.
  Causes of Error 5U516:
  
  Currency Conversion Issues: The error may occur if there are no valid exchange rates defined for the currencies involved for the specified periods.
  Period Closing: If the periods involved are closed or not open for posting, the system may not allow the conversion.
  Incorrect Configuration: There may be configuration issues in the financial settings related to currency conversion or period management.
  Data Entry Errors: Mistakes in entering the amounts or periods can also lead to this error.
  
  Solutions:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to verify that the exchange rates for the relevant currencies are maintained for the periods in