How To Fix /PM0/ALP_BTX120 - Policy loan for contract &1 exceeds maximum loan value &2

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALP_BTX -

• Message number: 120

• Message text: Policy loan for contract &1 exceeds maximum loan value &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/ALP_BTX120 - Policy loan for contract &1 exceeds maximum loan value &2 ?

  The SAP error message /PM0/ALP_BTX120 indicates that a policy loan request for a specific contract exceeds the maximum allowable loan value for that contract. This error typically arises in the context of insurance or financial services modules within SAP, particularly when dealing with policy loans.
  Cause:
  
  Exceeding Maximum Loan Value: The primary cause of this error is that the requested loan amount exceeds the maximum loan value that is defined for the specific insurance policy or contract. This maximum value is usually determined based on the policy's cash value, surrender value, or other financial metrics.
  Incorrect Policy Configuration: The policy may not be configured correctly in the system, leading to incorrect calculations of the maximum loan value.
  Data Entry Errors: There may be errors in the data entry for the loan request, such as entering an incorrect loan amount.
  
  Solution:
  
  Verify Loan Amount: Check the loan amount being requested and ensure it is within the allowable limits. Compare it against the maximum loan value defined for the policy.
  Review Policy Configuration: Ensure that the policy is configured correctly in the system. This includes checking the cash value, surrender value, and any other parameters that determine the maximum loan value.
  Adjust Loan Request: If the loan amount exceeds the maximum, adjust the loan request to a permissible amount.
  Consult Documentation: Refer to the SAP documentation or user manuals related to policy loans to understand the specific calculations and limits.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with a functional consultant who specializes in the insurance module to investigate further.
  
  Related Information:
  
  Policy Loan Calculations: Understanding how the maximum loan value is calculated can help in determining the appropriate loan amount. This may involve reviewing the policy's terms and conditions.
  SAP Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to policy management and loan processing.
  User Roles and Authorizations: Ensure that the user attempting to process the loan has the necessary authorizations to view and modify policy details.
  System Updates: Check if there have been any recent updates or changes to the system that might affect loan processing.
  
  By following these steps, you should be able to resolve the error and successfully process the policy loan request.