How To Fix /PM0/ABP_PRMPAYR_MSG016 - No valid collection account or valid insured object for &1 (&2)

/PM0/ABP_PRMPAYR_MSG016 - Overview

• Message type: E = Error

• Message class: /PM0/ABP_PRMPAYR_MSG -

• Message number: 016

• Message text: No valid collection account or valid insured object for &1 (&2)

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_PRMPAYR_MSG016 - No valid collection account or valid insured object for &1 (&2) ?

  The SAP error message /PM0/ABP_PRMPAYR_MSG016 indicates that there is no valid collection account or valid insured object for the specified parameters. This error typically arises in the context of insurance or financial transactions within the SAP system, particularly when dealing with payment processing or account management.
  
  Cause:
  
  
  Missing Collection Account: The system cannot find a valid collection account associated with the transaction or insured object. This could be due to:
  
  The collection account not being set up in the system.
  The collection account being inactive or deleted.
  Incorrect configuration or mapping of accounts.
  
  
  
  Invalid Insured Object: The insured object referenced in the transaction may not be valid. This could be due to:
  
  The insured object not being created or activated in the system.
  The insured object being linked to an inactive or incorrect policy.
  Data inconsistencies or errors in the insured object master data.
  
  
  
  Data Entry Errors: There may be typographical errors in the input data, leading to the system