How To Fix GC064 - Please enter sign, percentage rate, and indicator

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 064

• Message text: Please enter sign, percentage rate, and indicator

What causes this issue?

When entering a percentage rate, a valid sign as well as the percentage
rate indicator are required for the calculation. The same is true for
the reverse order.

System Response

Error message

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GC064 - Please enter sign, percentage rate, and indicator ?

  The SAP error message GC064 ("Please enter sign, percentage rate, and indicator") typically occurs in the context of financial transactions, particularly when dealing with interest calculations, tax rates, or similar financial data entries. This error indicates that the system requires specific information to proceed with the transaction or calculation.
  Cause:
  The error is triggered when the user attempts to execute a transaction that requires a percentage rate (such as an interest rate or tax rate) but has not provided the necessary details. Specifically, the system expects:
  
  Sign: Indicates whether the rate is positive or negative.
  Percentage Rate: The actual numerical value of the rate.
  Indicator: A code or flag that specifies the type of rate being entered (e.g., interest, tax, etc.).
  
  Solution:
  To resolve the GC064 error, follow these steps:
  
  
  Check Input Fields: Ensure that you have filled in all required fields related to the percentage rate. This includes:
  
  Entering a valid sign (e.g., "+" for positive or "-" for negative).
  Providing a numerical value for the percentage rate.
  Specifying the appropriate indicator that corresponds to the type of rate you are entering.
  
  
  
  Review Documentation: If you are unsure about what values to enter, refer to the relevant SAP documentation or user guides that pertain to the transaction you are working on.
  
  
  Consult with Colleagues: If you are part of a finance or accounting team, consult with colleagues who may have experience with similar transactions to ensure you are entering the correct values.
  
  
  System Configuration: If the error persists, it may be necessary to check the system configuration or settings related to the financial module you are using. This may require assistance from an SAP administrator or consultant.
  
  
  Testing: After making the necessary corrections, try to execute the transaction again to see if the error is resolved.
  
  
  Related Information:
  
  Transaction Codes: The error may occur in various transaction codes related to financial postings, such as FB60 (Invoice), FB70 (Customer Invoice), or others that involve interest calculations.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its system, and there may be specific notes addressing this error.
  User Roles and Permissions: Ensure that you have the appropriate permissions to enter financial data in the system, as restrictions may also lead to errors.
  
  If you continue to experience issues after following these steps, consider reaching out to your SAP support team for further assistance.