How To Fix /PM0/ALP_BTX124 - Payout date &1 must be later than date of premium waiver &2

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALP_BTX -

• Message number: 124

• Message text: Payout date &1 must be later than date of premium waiver &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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALP_BTX124 - Payout date &1 must be later than date of premium waiver &2 ?

  The SAP error message /PM0/ALP_BTX124 Payout date &1 must be later than date of premium waiver &2 typically occurs in the context of insurance or financial transactions within the SAP system, particularly when dealing with payouts and premium waivers.
  Cause:
  This error indicates that the payout date you are trying to enter is not valid because it is earlier than or the same as the date of the premium waiver. In other words, the system requires that the payout date must be after the premium waiver date to ensure logical consistency in the transaction.
  Solution:
  To resolve this error, you should:
  
  
  Check the Dates: Review the dates you have entered for both the payout and the premium waiver. Ensure that the payout date is set to a date that is later than the premium waiver date.
  
  
  Adjust the Payout Date: If the payout date is incorrect, modify it to a date that is after the premium waiver date.
  
  
  Review Business Logic: If you believe the dates are correct and the error persists, check the business logic or rules defined in your SAP configuration. There may be specific conditions or settings that enforce this rule.
  
  
  Consult Documentation: Refer to your organization's documentation or SAP help resources for any specific guidelines related to premium waivers and payouts.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or a consultant who specializes in SAP insurance modules for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Depending on your SAP version and configuration, you may be using specific transaction codes related to insurance payouts or premium waivers. Familiarize yourself with these codes for better navigation.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its system, and there may be relevant notes that provide additional context or solutions.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to the payout and premium waiver dates, as restrictions may lead to errors.
  
  By following these steps, you should be able to resolve the error and proceed with your transaction.