How To Fix HRCMP00REPORTING724 - Indirectly valuated WT not allowed in basic pay record with foreign curr.

HRCMP00REPORTING724 - Overview

• Message type: E = Error

• Message class: HRCMP00REPORTING - Compensation Management: Reporting and Workflow

• Message number: 724

• Message text: Indirectly valuated WT not allowed in basic pay record with foreign curr.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message HRCMP00REPORTING724 - Indirectly valuated WT not allowed in basic pay record with foreign curr. ?

  The SAP error message HRCMP00REPORTING724 indicates that there is an issue with the configuration of wage types (WT) in the context of basic pay records, particularly when dealing with foreign currencies. This error typically arises when an indirectly valuated wage type is being used in a context where it is not allowed, especially in basic pay records that involve foreign currency.
  
  Cause:
  
  Indirect Valuation: The wage type in question is indirectly valuated, meaning its value is derived from other wage types or calculations rather than being directly entered.
  Currency Issues: The error often occurs when the payroll is set up to handle foreign currencies, and the indirectly valuated wage type is not configured to support this.
  Configuration Settings: There may be a misconfiguration in the payroll settings or wage type characteristics that does not allow for the use of indirectly valuated wage types in basic pay records when foreign currency is involved.
  
  
  Solution:
  
  
  Check Wage Type