How To Fix HRPFD00360 - Value type & is not exact to two decimal places. Loss of data possible

HRPFD00360 - Overview

• Message type: E = Error

• Message class: HRPFD00 - HR-PF: International Pension Fund

• Message number: 360

• Message text: Value type & is not exact to two decimal places. Loss of data possible

What causes this issue?

The data type of value type &V1& is not exact to two decimal places.
However, it can be converted to a decimal number with two decimal
places.

System Response

The value will be rounded to two decimal places. Data may be lost.

How to fix this error?

Use a data type with two decimal places for the value type.

Procedure for System Administrators

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.

HRPFD00360 - Details

• The SAP error message HRPFD00360 indicates that there is an issue with a value type that is expected to be formatted to two decimal places, but it is not. This error typically occurs in the context of HR (Human Resources) data processing, particularly when dealing with financial or numeric values that require precision.
  
  Cause:
  
  Incorrect Data Entry: The value being entered may have more than two decimal places, which is not acceptable for the field in question.
  Data Import Issues: If data is being imported from an external source (like a spreadsheet or another system), the formatting may not conform to SAP's requirements.
  Configuration Settings: The field may be configured to accept only two decimal places, and the incoming data does not meet this requirement.
  Custom Development: If there are custom programs or enhancements, they may not be handling the data correctly.
  
  
  Solution:
  
  Check Data Entry: Review the value being entered and ensure it is formatted to