How To Fix CTE_FIN_POSTING016 - Posting failed. Incorrect decimal places for field &1.

SAP Error Message - Details

• Message type: E = Error

• Message class: CTE_FIN_POSTING - ERP - Concur Integration: FIN Postings

• Message number: 016

• Message text: Posting failed. Incorrect decimal places for field &1.

What causes this issue?

The number of decimal places for an amount field that was imported from
the Concur system doesn't match the SAP currency settings.

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?

Configure the deviating currency settings to automatically map the
currency formats.

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 CTE_FIN_POSTING016 - Posting failed. Incorrect decimal places for field &1. ?

  The SAP error message CTE_FIN_POSTING016, which states "Posting failed. Incorrect decimal places for field &1," typically occurs during financial postings when the number of decimal places in a field does not match the expected format defined in the system. This can happen in various contexts, such as during the posting of invoices, journal entries, or other financial transactions.
  Cause:
  
  Decimal Places Configuration: The field in question may have a defined number of decimal places in the system configuration, and the value being posted does not conform to this requirement.
  Currency Settings: Different currencies can have different decimal place requirements. For example, some currencies may allow two decimal places, while others may allow three or none.
  Data Entry Errors: Manual data entry errors can lead to incorrect formatting of numbers, such as entering too many decimal places.
  Custom Fields: If custom fields are used in the posting process, they may not have the correct decimal place settings.
  
  Solution:
  
  
  Check Configuration: Review the configuration settings for the relevant fields in the SAP system. Ensure that the decimal places are set correctly for the currency and the specific field.
  
  Transaction Codes: You can use transaction codes like OB08 (for currency settings) or OBA7 (for document types) to check and adjust settings.
  
  
  
  Validate Input Data: Ensure that the data being entered adheres to the expected format. Check for any manual entries that may have incorrect decimal places.
  
  
  Review Currency Settings: If the transaction involves multiple currencies, ensure that the currency settings are consistent and that the decimal places are correctly defined for each currency.
  
  
  Custom Development: If custom fields are involved, check the ABAP code or configuration related to those fields to ensure that they are set up to handle the correct number of decimal places.
  
  
  Testing: After making any changes, perform a test posting to ensure that the issue is resolved.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional context or solutions.
  Documentation: Review SAP documentation related to financial postings and currency settings for best practices and guidelines.
  User Forums: Engage with SAP community forums or user groups to see if others have encountered and resolved similar issues.
  
  If the problem persists after checking these areas, it may be beneficial to consult with your SAP support team or a technical consultant who can provide deeper insights into the specific configuration of your SAP environment.