How To Fix RTP334 - &1 Fair Market Values of as many retirement plans have been updated.


RTP334 - Overview

  • Message type: E = Error

  • Message class: RTP - Message class for retirement plans (US enhancement)

  • Message number: 334

  • Message text: &1 Fair Market Values of as many retirement plans have been updated.

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message RTP334 - &1 Fair Market Values of as many retirement plans have been updated. ?
    The SAP error message RTP334 indicates that the Fair Market Values (FMVs) of retirement plans have been updated, which may affect the calculations or processing of retirement benefits in the system. This message typically arises in the context of SAP's Human Capital Management (HCM) module, particularly in the area of payroll and benefits administration.
    
    Cause: Data Update: The FMVs for retirement plans have been updated in the system, which may not have been reflected in the current payroll or benefits processing.
    Configuration Issues: There may be issues with the configuration of the retirement plans or the way FMVs are being calculated or retrieved. Timing of Updates: The updates to FMVs may have occurred after the payroll run was initiated, leading to discrepancies.
    Solution: Review Updates: Check the recent updates made to the FMVs of the retirement plans. Ensure that the updates are correct and reflect the intended values. Reprocess Payroll: If the FMVs have been updated after

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