How To Fix PSSC_NET062 - No payment frequency type assigned to payment family &1

PSSC_NET062 - Overview

• Message type: E = Error

• Message class: PSSC_NET - Net Calculation

• Message number: 062

• Message text: No payment frequency type assigned to payment family &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSSC_NET062 - No payment frequency type assigned to payment family &1 ?

  The SAP error message PSSC_NET062 indicates that there is no payment frequency type assigned to a specific payment family in the system. This error typically arises in the context of payment processing, particularly when configuring payment methods or payment families in SAP.
  
  Cause:
  The error occurs when:
  
  A payment family is defined in the system, but it does not have an associated payment frequency type.
  The configuration for payment processing is incomplete or incorrect.
  The payment family is being used in a transaction or process that requires a payment frequency type, but it has not been set up properly.
  
  
  Solution:
  To resolve the error PSSC_NET062, you can follow these steps:
  
  
  Check Payment Family Configuration:
  
  Go to the configuration settings for payment families in SAP. This can typically be found in the Financial Accounting (FI) module under the payment processing settings.
  Ensure that the payment family in question has a payment frequency type assigned to it.
  
  
  
  Assign Payment Frequency Type:
  
  If the payment