How To Fix FVD_CAPTR730 - Premium is not applicable for this contract

FVD_CAPTR730 - Overview

• Message type: E = Error

• Message class: FVD_CAPTR - Messages for the Capital Transfer

• Message number: 730

• Message text: Premium is not applicable for this contract

What causes this issue?

If discount is applicable for a contract and while doing capital
transfer premium is passed, then error.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CAPTR730 - Premium is not applicable for this contract ?

  The SAP error message FVD_CAPTR730 indicates that a premium is not applicable for a specific contract in the context of SAP's Financial Services (FS) module, particularly in the area of contract management or insurance. This error typically arises in scenarios involving insurance contracts, financial products, or similar agreements where premium calculations are expected.
  Causes:
  
  Contract Type: The contract may not be of a type that requires a premium. For example, certain types of contracts may be fee-based or may not involve premium payments at all.
  Contract Status: The status of the contract may not allow for premium calculations. For instance, if the contract is in a draft state or has been terminated, premiums may not be applicable.
  
  Configuration Issues: There may be configuration settings in the SAP system that do not align with the contract's requirements. This could include settings related to product types, premium calculation rules, or contract attributes.
  Missing Data: Required data for