How To Fix CMS_INS022 - Enter either premium amount or premium rate

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_INS - Messages for Insurance

• Message number: 022

• Message text: Enter either premium amount or premium rate

What causes this issue?

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

System Response

How to fix this error?

Enter either premium amount or premium rate for &V1& &V2&

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_INS022 - Enter either premium amount or premium rate ?

  The SAP error message CMS_INS022 indicates that when processing insurance-related transactions, the system requires either a premium amount or a premium rate to be entered, but neither has been provided. This error typically occurs in the context of insurance management within SAP, particularly in modules related to insurance contracts or policies.
  Cause:
  
  Missing Data: The user has not entered either the premium amount or the premium rate in the relevant fields.
  Incorrect Configuration: The system may be configured in such a way that it expects one of these values to be present, but the setup does not align with the data being entered.
  User Input Error: The user may have overlooked entering the required information or may have entered it in the wrong format.
  
  Solution:
  
  
  Enter Required Information:
  
  Go back to the transaction where the error occurred.
  Ensure that either the premium amount or the premium rate is filled in. You can do this by:
  
  Entering a specific premium amount (e.g., $100).
  Entering a premium rate (e.g., 5%).
  
  
  
  
  
  Check Configuration:
  
  If you are consistently encountering this error, check the configuration settings in the insurance module to ensure that the system is set up correctly to handle premium calculations.
  Consult with your SAP administrator or a functional consultant to verify that the settings align with your business processes.
  
  
  
  Validation of Input:
  
  Ensure that the values entered are in the correct format and within acceptable ranges. For example, the premium rate should be a percentage and the premium amount should be a valid currency amount.
  
  
  
  Consult Documentation:
  
  Review any relevant SAP documentation or user manuals that pertain to the insurance module you are using. This can provide insights into required fields and data entry protocols.
  
  
  
  Seek Help from Support:
  
  If the issue persists after checking the above points, consider reaching out to your internal SAP support team or SAP support for further assistance.
  
  
  
  Related Information:
  
  SAP Modules: This error is typically related to the SAP Insurance Management module (SAP FS-ICM or SAP FS-PM).
  Transaction Codes: The error may occur in various transaction codes related to insurance policy management, such as creating or modifying insurance contracts.
  User Roles: Ensure that the user has the appropriate permissions to enter and modify premium information in the system.
  
  By addressing the missing data and ensuring proper configuration, you should be able to resolve the CMS_INS022 error effectively.