How To Fix FVD_PL058 - Insurance object &1 does not yet exist in system &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_PL - Messages related to enhanced policy management integration

• Message number: 058

• Message text: Insurance object &1 does not yet exist in system &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_PL058 - Insurance object &1 does not yet exist in system &2 ?

  The SAP error message FVD_PL058 indicates that the insurance object specified (denoted by &1) does not exist in the system identified by &2. This error typically occurs in the context of financial services or insurance modules within SAP, particularly when dealing with insurance contracts or policies.
  Cause:
  
  Non-Existent Insurance Object: The insurance object you are trying to access or process has not been created in the system.
  Incorrect Object Reference: The reference to the insurance object may be incorrect, possibly due to a typo or an outdated reference.
  Data Migration Issues: If data has been migrated from another system, there may have been issues during the migration process that resulted in missing records.
  Authorization Issues: The user may not have the necessary permissions to view or access the insurance object.
  
  Solution:
  
  Verify Object Existence: Check if the insurance object actually exists in the system. You can do this by navigating to the relevant transaction or using the appropriate report to list insurance objects.
  Create the Insurance Object: If the object does not exist, you may need to create it. This typically involves entering the necessary details in the relevant transaction (e.g., creating a new insurance contract).
  Check Object Reference: Ensure that the reference to the insurance object is correct. Double-check for any typos or incorrect identifiers.
  Data Migration Review: If this issue arose after a data migration, review the migration logs and processes to ensure that all necessary data was transferred correctly.
  Authorization Check: Ensure that the user has the appropriate authorizations to access the insurance object. This may involve checking user roles and permissions in the SAP system.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FVD1 (Create Insurance Object), FVD2 (Change Insurance Object), and FVD3 (Display Insurance Object).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional context or solutions.
  Documentation: Review the SAP documentation for the specific module you are working with (e.g., SAP FS-CD for Collections and Disbursements, SAP FS-ICM for Insurance Contract Management) for more detailed information on managing insurance objects.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.