How To Fix IBRO805 - 'Brokers Pay CoinsShares' flag not set in basic settings

SAP Error Message - Details

• Message type: E = Error

• Message class: IBRO - Broker Collections Message Class

• Message number: 805

• Message text: 'Brokers Pay CoinsShares' flag not set in basic settings

What causes this issue?

You have not set the <DS:DE.XCOINS_ACT_BROK_MD>Brokers transfer
coinsurance shares</> flag in the basic settings, but for a broker
report item.

System Response

The item contains errors.

How to fix this error?

Set the flag in the basic settings for broker collections, if brokers
actually transfer coinsurance shares. Otherwise, remove the flag in
the broker report item.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IBRO805 - 'Brokers Pay CoinsShares' flag not set in basic settings ?

  The SAP error message IBRO805 indicates that the "Brokers Pay CoinsShares" flag is not set in the basic settings of the system. This error typically arises in the context of financial transactions involving brokers and the handling of commission payments or similar financial instruments.
  Cause:
  The error occurs when the system expects a specific configuration related to broker payments, particularly concerning the handling of CoinsShares, but finds that the necessary flag is not activated in the system settings. This can happen due to:
  
  Configuration Issues: The basic settings for broker payments have not been properly configured.
  Missing Customization: The specific flag for handling CoinsShares payments has not been enabled in the system.
  
  Solution:
  To resolve the IBRO805 error, you need to ensure that the "Brokers Pay CoinsShares" flag is set in the basic settings. Here are the steps to do this:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the relevant configuration area for broker settings. This is usually found under the Financial Accounting (FI) or Treasury modules.
  
  
  
  Set the Flag:
  
  Look for the section related to broker payments or commission settings.
  Find the option for "Brokers Pay CoinsShares" and ensure that it is checked or activated.
  
  
  
  Save Changes:
  
  After making the necessary changes, save your configuration settings.
  
  
  
  Test the Configuration:
  
  After saving, perform a test transaction that previously triggered the error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to the SAP documentation or help files related to broker payment configurations for more detailed instructions.
  Transaction Codes: You may need to use specific transaction codes (like SPRO for configuration) to access the settings.
  Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial configurations.
  
  By following these steps, you should be able to resolve the IBRO805 error and ensure that your system is correctly configured for handling broker payments involving CoinsShares.