How To Fix /PM0/ALB_MESSAGES375 - Interest payment freq. policy loan differs from premium payment frequency

/PM0/ALB_MESSAGES375 - Overview

• Message type: E = Error

• Message class: /PM0/ALB_MESSAGES -

• Message number: 375

• Message text: Interest payment freq. policy loan differs from premium payment frequency

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/ALB_MESSAGES375 - Interest payment freq. policy loan differs from premium payment frequency ?

  The SAP error message /PM0/ALB_MESSAGES375 indicates that there is a mismatch between the interest payment frequency for a policy loan and the premium payment frequency for the associated insurance policy. This error typically arises in the context of insurance and financial services modules within SAP, particularly in the area of policy management.
  
  Cause:
  
  Configuration Mismatch: The interest payment frequency for the policy loan is set differently from the premium payment frequency of the policy. For example, if the premium is paid annually but the interest on the loan is set to be paid monthly, this discrepancy will trigger the error.
  Data Entry Error: During the setup or modification of the policy or loan, incorrect values may have been entered for either the interest payment frequency or the premium payment frequency.
  Policy Settings: The policy settings may not have been aligned properly, leading to inconsistencies in how payments are scheduled.
  
  
  Solution:
  
  Review Policy Settings: Check the configuration