How To Fix /MVA/AMP_PM_MSG690 - Payment frequency changed to single premium due to short-term tariff.

/MVA/AMP_PM_MSG690 - Overview

• Message type: E = Error

• Message class: /MVA/AMP_PM_MSG -

• Message number: 690

• Message text: Payment frequency changed to single premium due to short-term tariff.

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /MVA/AMP_PM_MSG690 - Payment frequency changed to single premium due to short-term tariff. ?

  The SAP error message /MVA/AMP_PM_MSG690 indicates that the payment frequency for a specific insurance product or contract has been changed to a single premium due to a short-term tariff. This typically occurs in the context of insurance or financial services modules within SAP, particularly in the area of contract management or policy administration.
  
  Cause:
  
  Short-Term Tariff: The error is triggered when the system detects that the tariff applied to the contract is classified as short-term. This classification may be due to the nature of the product, the duration of the contract, or specific business rules set within the system.
  Configuration Settings: The configuration settings in the SAP system may dictate that for certain types of contracts or under specific conditions, the payment frequency must default to a single premium.
  Data Entry Issues: There may be incorrect or incomplete data entered during the contract creation or modification process, leading the system to enforce this rule.
  
  
  Solution:
  
  Review