How To Fix CRMS4_PS_NET062 - No payment frequency type assigned to payment family &1

CRMS4_PS_NET062 - Overview

• Message type: E = Error

• Message class: CRMS4_PS_NET - Net Calculation

• Message number: 062

• Message text: No payment frequency type assigned to payment family &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CRMS4_PS_NET062 - No payment frequency type assigned to payment family &1 ?

  The SAP error message CRMS4_PS_NET062 indicates that there is no payment frequency type assigned to a specific payment family in the system. This error typically arises in the context of SAP Customer Relationship Management (CRM) or SAP Convergent Charging, where payment processing is involved.
  
  Cause:
  The error occurs when:
  
  A payment family is defined in the system, but it does not have an associated payment frequency type.
  The configuration for payment processing is incomplete or incorrect.
  There may be missing entries in the relevant customizing tables that link payment families to payment frequency types.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Payment Family Configuration:
  
  Go to the transaction code SPRO (SAP Reference IMG).
  Navigate to the relevant section for payment processing (e.g., Financial Accounting or CRM).
  Look for the configuration related to payment families and ensure that each payment family has a corresponding payment frequency type assigned.
  
  
  
  Assign Payment Frequency Type:
  
  If a payment frequency type is missing, you