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

SAP Error Message - Details

• 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 have filled in the required fields correctly. You need to provide either:
  
  An amount, currency, and time base (e.g., a specific monetary value for a condition).
  A percentage rate (e.g., a discount percentage).
  
  
  
  Review Configuration Settings: If you are working in a configuration area (like pricing or tax settings), verify that all necessary fields are properly defined. Make sure that the condition types or relevant settings have the required values.
  
  
  Consult Documentation: Refer to SAP documentation or help files related to the specific transaction or configuration you are working on. This can provide insights into what values are expected.
  
  
  Test with Sample Data: If you are unsure about the values to enter, try using sample data that is known to work. This can help you identify if the issue is with the data you are entering.
  
  
  Seek Help from SAP Support: If the issue persists and you cannot identify the cause, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  Related Information:
  
  Transaction Codes: The error may occur in various transaction codes, such as those related to pricing (e.g., VK11, VK31) or financial postings (e.g., FB60, FB70).
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  User Roles and Authorizations: Ensure that you have the necessary permissions to make changes in the areas where the error occurs, as lack of authorization can sometimes lead to incomplete data entry.
  
  By following these steps, you should be able to identify and correct the issue causing the H1602 error in SAP.