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.

Smart SAP Assistant

• What is the cause and solution for SAP error message UPF058 - Formula error: Formula element &1 could not be recognized ?

  The SAP error message UPF058, which states "Formula error: Formula element &1 could not be recognized," typically occurs in the context of SAP Payroll or other applications that utilize formula processing. This error indicates that the system encountered a formula element that it could not identify or process correctly.
  Causes:
  
  Typographical Errors: There may be a typo in the formula element name, causing the system to fail to recognize it.
  Missing or Incorrect Configuration: The formula element may not be defined in the system, or it may not be configured correctly.
  Version Issues: The formula might be using elements that are not available in the current version of the system or module.
  Authorization Issues: The user may not have the necessary authorizations to access certain formula elements.
  Changes in the Schema: If there have been recent changes to the payroll schema or the formula itself, it may lead to recognition issues.
  
  Solutions:
  
  Check the Formula Syntax: Review the formula for any typographical errors or incorrect syntax. Ensure that all formula elements are spelled correctly.
  Verify Configuration: Ensure that the formula element in question is correctly defined in the system. You can check this in the relevant configuration settings (e.g., in the payroll schema).
  Consult Documentation: Refer to SAP documentation or help resources to confirm that the formula element is valid and available in your version of SAP.
  Check Authorizations: Ensure that the user executing the payroll or formula processing has the necessary authorizations to access all required elements.
  Test with Simplified Formula: If possible, simplify the formula to isolate the problematic element and test it incrementally to identify the source of the error.
  Consult with SAP Support: If the issue persists, consider reaching out to SAP support for assistance, especially if it appears to be a system or configuration issue.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like PE02 (to maintain payroll schemas) or PE04 (to maintain payroll rules) to check and modify formulas.
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide updates related to formula processing.
  Community Forums: SAP Community and other forums can be valuable resources for finding similar issues faced by other users and their solutions.
  
  By following these steps, you should be able to identify and resolve the UPF058 error in your SAP system.