How To Fix HRITFIN013 - Section 24 Deduction Interest Limit constant is not valid.

SAP Error Message - Details

• Message type: E = Error

• Message class: HRITFIN - Infotype specific messages (Business checks)

• Message number: 013

• Message text: Section 24 Deduction Interest Limit constant is not valid.

What causes this issue?

The Section 24 Deduction Interest Limit constant entered by the user is
not maintained in V_T511P.

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

System Response

The system throws an error message.

How to fix this error?

Enter Section 24 Deduction Interest Limit constant from T511P only,
where T511P-konst(3) = 'LNS'.

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 HRITFIN013 - Section 24 Deduction Interest Limit constant is not valid. ?

  The SAP error message HRITFIN013, which states "Section 24 Deduction Interest Limit constant is not valid," typically occurs in the context of payroll processing, particularly when dealing with tax calculations and deductions related to housing loans or similar financial instruments under Section 24 of the Income Tax Act in India.
  Cause:
  
  
  Invalid Configuration: The error usually arises when the constant for the Section 24 deduction interest limit is not defined correctly in the system. This could be due to:
  
  Missing or incorrect entries in the configuration settings for payroll or tax calculations.
  The constant may not have been set up in the relevant infotype or table.
  
  
  
  Data Entry Issues: There may be incorrect or incomplete data entered in the employee's master data or payroll infotypes related to deductions.
  
  
  Version or Update Issues: If the system has been recently updated or patched, it may have affected the configuration or the constants used for calculations.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the relevant configuration settings in the SAP system (usually in the IMG - Implementation Guide).
  Verify that the Section 24 Deduction Interest Limit constant is defined correctly. This can typically be found under the payroll or tax calculation settings.
  Ensure that the constant is active and has the correct value assigned.
  
  
  
  Review Employee Data:
  
  Check the employee's master data in the relevant infotypes (e.g., IT0014 for recurring payments/deductions).
  Ensure that the Section 24 deduction details are entered correctly and that all required fields are filled.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to payroll processing and Section 24 deductions to ensure compliance with the latest regulations and configurations.
  
  
  
  Testing:
  
  After making the necessary changes, run a test payroll to see if the error persists. This will help confirm that the issue has been resolved.
  
  
  
  Seek Support:
  
  If the issue continues, consider reaching out to your SAP support team or consulting with an SAP HR expert who can provide more tailored assistance.
  
  
  
  Related Information:
  
  Infotypes: Common infotypes related to payroll deductions include IT0014 (Recurring Payments/Deductions) and IT0015 (Additional Payments).
  Tax Configuration: Ensure that the tax configuration is aligned with the latest tax laws and regulations, as these can change frequently.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide updates on configuration changes.
  
  By following these steps, you should be able to identify and resolve the issue related to the HRITFIN013 error message in SAP.