How To Fix /PM0/ABB_MESSAGES575 - Collection account and insured object must be filled for settle. contract

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ABB_MESSAGES -

• Message number: 575

• Message text: Collection account and insured object must be filled for settle. contract

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 /PM0/ABB_MESSAGES575 - Collection account and insured object must be filled for settle. contract ?

  The SAP error message /PM0/ABB_MESSAGES575 indicates that there is a requirement for both the collection account and the insured object to be filled in order to proceed with the settlement of a contract. This error typically arises in the context of insurance or financial services modules within SAP, particularly when dealing with contracts that require specific details for processing.
  Cause:
  
  Missing Data: The most common cause of this error is that either the collection account or the insured object fields are not populated in the relevant transaction or document.
  Configuration Issues: There may be configuration settings in the SAP system that require these fields to be mandatory, and they are not being filled out correctly.
  Data Entry Errors: Users may have overlooked entering these details during the contract creation or modification process.
  
  Solution:
  
  
  Check Data Entry:
  
  Go to the transaction where the error occurred and check the fields for the collection account and insured object.
  Ensure that both fields are filled with the correct information.
  
  
  
  Review Contract Details:
  
  Navigate to the contract in question and verify that all required fields are populated.
  If necessary, edit the contract to include the missing information.
  
  
  
  Configuration Review:
  
  If you have access, check the configuration settings in the SAP system to ensure that the fields are set up correctly.
  Consult with your SAP administrator or functional consultant to verify that the settings align with business requirements.
  
  
  
  User Training:
  
  If this error is occurring frequently, consider providing additional training to users on the importance of filling out all required fields when creating or modifying contracts.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the contract management process and required fields.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may be used for contract management, such as IP01 (Create Insurance Policy), IP02 (Change Insurance Policy), or IP03 (Display Insurance Policy).
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may address the issue.
  Support: If the problem persists after checking the above, consider reaching out to SAP support or your internal IT support team for further assistance.
  
  By ensuring that both the collection account and insured object are filled out correctly, you should be able to resolve the error and proceed with the settlement of the contract.