How To Fix UPF058 - Formula error: Formula element &1 could not be recognized

SAP Error Message - Details

• Message type: E = Error

• Message class: UPF - Planning Functions

• Message number: 058

• Message text: Formula error: Formula element &1 could not be recognized

What causes this issue?

The formula syntax check revealed, that formula element &V1& cannot be
identified. It could be an incorrectly written key word, a variable or
a master record.

System Response

The formula function cannot be executed or saved with the current
parameter group.

How to fix this error?

Correct the formula element &V1&.
Note: This error message can also occur in some situations when it
deals with a followup error. This means that the unidentified formula
element is possibly correct, but a previous part of the formula is the
real cause of the error. If you can recognize no error in formula
element &V1&, then check the previous part of the formula for possible
errors.

Error message extract from SAP system. Copyright SAP SE.