How To Fix 5Z248 - Investment institution is not specified

5Z248 - Overview

• Message type: E = Error

• Message class: 5Z - IS-HR/PSG Public Sector Payroll - Germany

• Message number: 248

• Message text: Investment institution is not specified

What causes this issue?

The investment institution needs to be determined so the compulsory
contributions for the supplementary pension can be transferred. However,
investment institution &V2& specified in table T5D5Z for supplementary
pension institute &V1& could not be found for the current date.

How to fix this error?

Check and correct the Customizing settings.

Error message extract from SAP system. Copyright SAP SE.

5Z248 - Details

• The SAP error message 5Z248, which states "Investment institution is not specified," typically occurs in the context of financial transactions or processes related to investment management or asset accounting. This error indicates that the system requires an investment institution to be specified for the transaction you are trying to execute.
  
  Cause:
  
  Missing Configuration: The investment institution may not be configured in the system.
  Data Entry Error: The user may have forgotten to enter the investment institution in the relevant field.
  Master Data Issues: The investment institution may not be properly defined in the master data records.
  Transaction Type: The transaction type being processed may require an investment institution, and it has not been provided.
  
  
  Solution:
  
  
  Check Configuration:
  
  Ensure that the investment institution is configured in the system. This can typically be done in the customizing settings (SPRO) under the relevant financial module.
  Navigate to the path: Financial Accounting (FI) > Asset Accounting > Master Data > Define Investment Institutions