How To Fix 0D426 - Contract account &1 can only contain one insurance object

0D426 - Overview

• Message type: E = Error

• Message class: 0D - FS-CD General Messages

• Message number: 426

• Message text: Contract account &1 can only contain one insurance object

What causes this issue?

The contract account has an account category that permits contracts for
which account balance interest calculation has taken place. This means
that it can only contain one insurance object.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

0D426 - Details

• The SAP error message 0D426 indicates that a contract account can only contain one insurance object. This error typically arises in the context of managing insurance contracts within the SAP system, particularly in modules related to Financial Accounting (FI) or Insurance Management.
  
  Cause:
  The error occurs when there is an attempt to assign more than one insurance object to a single contract account. In SAP, a contract account is designed to manage financial transactions related to a specific customer or contract, and it is restricted to having only one insurance object associated with it to maintain data integrity and avoid conflicts in processing.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Insurance Objects: Review the contract account in question to see if there is already an insurance object assigned. You can do this by navigating to the relevant transaction in SAP (e.g., using transaction codes like FPL9 or FBL1N).
  
  
  Remove Existing