How To Fix H1602 - Define either an amount, currency and time base, or a percentage rate

H1602 - Overview

• Message type: E = Error

• Message class: H1 - Messages Used in HR Funds and Position Management

• Message number: 602

• Message text: Define either an amount, currency and time base, or a percentage rate

What causes this issue?

Either you have specified a monetary amount with a currency <zh>and</>
a percentage rate <zh>or</> you have not specified either an amount or
a percentage rate.

System Response

Input rejected. No further processing possible.

How to fix this error?

Either specify a monetary amount (along with the appropriate currency
and time base, <zh>or</> specify a percentage.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message H1602 - Define either an amount, currency and time base, or a percentage rate ?

  The SAP error message H1602, which states "Define either an amount, currency and time base, or a percentage rate," typically occurs in the context of financial transactions or configuration settings where a monetary value or percentage is expected but not provided correctly.
  
  Cause:
  This error can arise in various scenarios, including:
  
  
  Missing Data: When creating or modifying a financial document, such as a pricing condition, tax calculation, or payment terms, the system expects either a specific amount with a currency and time base or a percentage rate. If neither is provided, the error will trigger.
  
  
  Incorrect Configuration: In customizing settings (e.g., in pricing procedures or condition records), if the required fields are not filled out correctly, this error can occur.
  
  
  Data Entry Errors: Users may inadvertently leave fields blank or enter incorrect values that do not meet the system's requirements.
  
  
  
  Solution:
  To resolve the H1602 error, you can take the following steps:
  
  
  Check Input Fields: Ensure that you