How To Fix ICL_IBNR203 - There is no cost calculation rule for entry &1 in the sequence

ICL_IBNR203 - Overview

• Message type: E = Error

• Message class: ICL_IBNR - Messages for IBNR, Subrogation, Salvage Expectancy Reserves

• Message number: 203

• Message text: There is no cost calculation rule for entry &1 in the sequence

What causes this issue?

The cost calculation rule for entry &v1& in the procedure sequence for
reserving is missing.

System Response

The system prematurely ends the (sub) activity that was started.

How to fix this error?

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

Procedure for System Administrators

Define the required cost calculation rule in Customizing.
INCLUDE ICL_MESSAGE_CUST OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

ICL_IBNR203 - Details

• The SAP error message ICL_IBNR203 indicates that there is no cost calculation rule defined for a specific entry in the sequence. This error typically occurs in the context of insurance claims processing, particularly when the system is trying to calculate costs for a claim item but cannot find the necessary rules to do so.
  
  Cause:
  
  Missing Cost Calculation Rule: The primary cause of this error is that the cost calculation rule for the specified entry (indicated by &1) is not defined in the system.
  Incorrect Configuration: The configuration settings for cost calculation may not be set up correctly, leading to the absence of the required rules.
  Data Entry Issues: There may be issues with the data entered for the claim, such as incorrect or incomplete information that prevents the system from finding the appropriate cost calculation rule.
  
  
  Solution:
  
  
  Define Cost Calculation Rules:
  
  Navigate to the configuration settings for cost calculation in the SAP system.
  Ensure that the necessary