How To Fix /PM0/ABP_MESSAGES553 - New business: Policy must have at least &1 contracts

/PM0/ABP_MESSAGES553 - Overview

• Message type: E = Error

• Message class: /PM0/ABP_MESSAGES -

• Message number: 553

• Message text: New business: Policy must have at least &1 contracts

Self-Explanatory Message

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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/ABP_MESSAGES553 - New business: Policy must have at least &1 contracts ?

  The SAP error message /PM0/ABP_MESSAGES553 indicates that when creating a new business policy, the system requires that at least a specified number of contracts (denoted by &1) must be associated with that policy. This is a validation check to ensure that the policy is meaningful and has the necessary contractual backing.
  
  Cause:
  
  Insufficient Contracts: The primary cause of this error is that the user is attempting to create a new business policy without the minimum required number of contracts. The system enforces this rule to ensure that policies are not created without adequate contractual support.
  Configuration Settings: There may be configuration settings in the SAP system that define the minimum number of contracts required for a policy. If these settings are not aligned with the business process, it could lead to this error.
  Data Entry Error: The user may have inadvertently missed entering contracts or may have entered them incorrectly.
  
  
  Solution:
  
  Add Contracts: Ensure that you