How To Fix /PM0/ABP_BIZPRC314 - Master policy number is invalid on the specified effective date

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ABP_BIZPRC -

• Message number: 314

• Message text: Master policy number is invalid on the specified effective date

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ABP_BIZPRC314 - Master policy number is invalid on the specified effective date ?

  The SAP error message /PM0/ABP_BIZPRC314 Master policy number is invalid on the specified effective date typically occurs in the context of SAP's insurance or policy management modules. This error indicates that the master policy number you are trying to use is not valid for the effective date you have specified. Here are some potential causes, solutions, and related information for this error:
  Causes:
  
  Invalid Policy Number: The master policy number entered may not exist in the system or may have been incorrectly entered.
  Effective Date Issues: The effective date specified may fall outside the validity period of the master policy. Policies often have specific start and end dates.
  Policy Status: The policy may be inactive, expired, or canceled, making it invalid for new transactions.
  Data Synchronization Issues: There may be a delay or issue in data synchronization if the policy was recently created or modified.
  Configuration Issues: There may be configuration settings in the SAP system that restrict the use of certain policies based on specific criteria.
  
  Solutions:
  
  Verify Policy Number: Check the master policy number for accuracy. Ensure that it exists in the system and is correctly entered.
  Check Effective Date: Confirm that the effective date you are using is within the valid range of the policy. If necessary, adjust the date to fall within the policy's active period.
  Review Policy Status: Look into the status of the policy. If it is inactive or expired, you may need to reactivate it or create a new policy.
  Consult with IT or SAP Support: If the issue persists, consult with your IT department or SAP support team to investigate any potential data synchronization issues or configuration settings that may be affecting the policy's validity.
  Review Documentation: Check any relevant documentation or user manuals for your specific SAP module to understand the requirements for valid policy numbers and effective dates.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide insights into similar issues faced by other users and potential fixes.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to policy management, such as creating, modifying, or viewing policies.
  User Training: Ensure that users handling policy management are adequately trained on the system to minimize data entry errors.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.