How To Fix 53204 - Result type &1 is not used for the premium formula

SAP Error Message - Details

• Message type: E = Error

• Message class: 53 - Incentive Wages Data

• Message number: 204

• Message text: Result type &1 is not used for the premium formula

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 53204 - Result type &1 is not used for the premium formula ?

  The SAP error message 53204, which states "Result type &1 is not used for the premium formula," typically occurs in the context of SAP's insurance or financial modules, particularly when dealing with premium calculations in insurance policies.
  Cause:
  This error usually arises when there is a mismatch or misconfiguration in the premium calculation settings. Specifically, it indicates that the result type specified (denoted by &1) is not configured to be used in the premium formula. This can happen due to:
  
  Incorrect Configuration: The result type may not be properly defined in the system or may not be linked to the relevant premium calculation formula.
  Missing Entries: The necessary entries for the result type in the premium calculation schema may be missing.
  Formula Issues: The premium formula itself may not be set up to utilize the specified result type.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the premium calculation in your SAP system.
  Verify that the result type in question is correctly defined and linked to the appropriate premium formula.
  
  
  
  Review Premium Formula:
  
  Access the premium calculation schema and ensure that the result type is included in the formula.
  If the result type is not included, you may need to modify the formula to incorporate it.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to premium calculations to ensure that you are following the correct procedures.
  
  
  
  Testing:
  
  After making any changes, perform tests to ensure that the premium calculation works as expected without triggering the error.
  
  
  
  Seek Expert Help:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or a consultant with expertise in SAP insurance modules for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration) and others that may be used for testing or reviewing premium calculations.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific guidance or patches that address known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.