How To Fix RTP020 - Accountholder category &1 only valid for inherited retirement plans.

SAP Error Message - Details

• Message type: E = Error

• Message class: RTP - Message class for retirement plans (US enhancement)

• Message number: 020

• Message text: Accountholder category &1 only valid for inherited retirement plans.

What causes this issue?

Only for inherited retirement plans can the accountholder be an
organization. This situation can occur if the original accountholder
dies and the beneficiary of his/her retirement plan is an estate.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RTP020 - Accountholder category &1 only valid for inherited retirement plans. ?

  The SAP error message RTP020, which states "Accountholder category &1 only valid for inherited retirement plans," typically occurs in the context of managing retirement plans within the SAP system, particularly in the area of Human Capital Management (HCM) or Financial Accounting (FI).
  Cause:
  This error message is triggered when there is an attempt to assign an accountholder category that is not compatible with the type of retirement plan being processed. Specifically, the accountholder category you are trying to use is only valid for inherited retirement plans, and it cannot be applied to other types of retirement plans.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Accountholder Category: Verify the accountholder category you are trying to use. Ensure that it is appropriate for the type of retirement plan you are working with.
  
  
  Review Retirement Plan Type: Confirm the type of retirement plan you are dealing with. If it is not an inherited retirement plan, you will need to select a different accountholder category that is valid for the specific retirement plan type.
  
  
  Adjust Configuration: If necessary, consult with your SAP administrator or a functional consultant to review the configuration settings for retirement plans and accountholder categories. They may need to adjust the settings to ensure that the correct categories are available for the relevant retirement plans.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for more detailed information on the specific accountholder categories and their valid contexts.
  
  
  Testing: After making the necessary adjustments, perform a test transaction to ensure that the error no longer occurs.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to this error message.
  User Guides: Review user guides or training materials related to retirement plan management in SAP to better understand the relationships between accountholder categories and retirement plans.
  Support: If the issue persists, consider reaching out to SAP support or your internal IT support team for further assistance.
  
  By following these steps, you should be able to identify the root cause of the RTP020 error and implement a suitable solution.