How To Fix /PM0/ABP_PREM_MSG034 - Manual rating: Premium rate is 0

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ABP_PREM_MSG -

• Message number: 034

• Message text: Manual rating: Premium rate is 0

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ABP_PREM_MSG034 - Manual rating: Premium rate is 0 ?

  The SAP error message /PM0/ABP_PREM_MSG034 Manual rating: Premium rate is 0 typically indicates that there is an issue with the premium rate configuration in the system. This error is often encountered in the context of insurance or financial services modules where premium calculations are essential.
  Cause:
  
  Missing Premium Rate Configuration: The premium rate for the specific product or service has not been defined in the system.
  Incorrect Data Entry: There may be a data entry error where the premium rate has been set to zero unintentionally.
  Inactive or Incorrectly Configured Rate Tables: The rate tables that should provide the premium rates may be inactive or incorrectly configured.
  Product or Policy Issues: The specific product or policy may not have a valid premium rate associated with it.
  
  Solution:
  
  
  Check Premium Rate Configuration:
  
  Navigate to the relevant configuration settings in SAP (usually found in the customizing settings for the insurance or financial module).
  Ensure that the premium rates are correctly defined for the relevant products or services.
  
  
  
  Review Rate Tables:
  
  Check if the rate tables are active and correctly set up.
  Ensure that the correct rate table is being referenced in the transaction.
  
  
  
  Data Validation:
  
  Validate the data entry for the specific transaction that triggered the error.
  Ensure that all required fields are filled out correctly and that the premium rate is not set to zero.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring premium rates in your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in navigating to the configuration settings (e.g., SPRO for customizing).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary corrections to resolve it.