How To Fix 60319 - Specify last settlement date for premium reserve fund


60319 - Overview

  • Message type: E = Error

  • Message class: 60 - Real Estate

  • Message number: 319

  • Message text: Specify last settlement date for premium reserve fund

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message 60319 - Specify last settlement date for premium reserve fund ?
    The SAP error message 60319, which states "Specify last settlement date for premium reserve fund," typically occurs in the context of insurance or financial modules within SAP, particularly when dealing with premium reserve funds in the context of insurance contracts.
    
    Cause: This error usually arises when the system requires a last settlement date for a premium reserve fund, but this date has not been specified. The last settlement date is crucial for calculating the reserves and ensuring that the financial transactions related to the premium reserves are accurately processed.
    Solution: To resolve this error, you can follow these steps: Check the Configuration: Ensure that the premium reserve fund is correctly configured in the system. This includes checking the settings related to the last settlement date. Specify the Last Settlement Date: Navigate to the relevant transaction or configuration area where you can specify the last settlement date for the premium reserve fund. Enter the appropriate last settlement date that aligns

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