How To Fix /MVA/AMP_PM_MSG710 - Single premium only allowed in connection with short-term contracts.

SAP Error Message - Details

• Message type: E = Error

• Message class: /MVA/AMP_PM_MSG -

• Message number: 710

• Message text: Single premium only allowed in connection with short-term contracts.

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_MSG710 - Single premium only allowed in connection with short-term contracts. ?

  The SAP error message /MVA/AMP_PM_MSG710 indicates that a single premium is only allowed for short-term contracts. This error typically arises in the context of insurance or financial services modules within SAP, particularly when dealing with contract management and premium calculations.
  Cause:
  The error occurs when a user attempts to process a single premium payment for a contract that is not classified as a short-term contract. In SAP, short-term contracts are defined based on specific criteria, such as the duration of the contract or the type of product being offered. If the contract does not meet these criteria, the system will prevent the processing of a single premium.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Contract Type: Verify the type of contract you are working with. Ensure that it is indeed a short-term contract as per the definitions set in your SAP system.
  
  
  Modify Contract Details: If the contract is not a short-term contract, consider modifying the contract details to either:
  
  Change it to a short-term contract if applicable.
  Use a different payment method (e.g., regular premium payments) that is allowed for the current contract type.
  
  
  
  Review Configuration Settings: If you believe the contract should allow a single premium, review the configuration settings in the SAP system. This may involve checking the product settings, contract types, and premium payment rules in the relevant customizing transactions (e.g., SPRO).
  
  
  Consult Documentation: Refer to the SAP documentation or help files related to contract management and premium processing for further insights into the rules governing single premiums.
  
  
  Contact Support: If the issue persists and you are unable to resolve it, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific system configuration.
  
  
  Related Information:
  
  Contract Management: Understanding the different types of contracts and their characteristics in your SAP system is crucial for proper processing.
  Premium Payment Types: Familiarize yourself with the various premium payment options available in your SAP implementation and the rules governing them.
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional context or fixes.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution.