How To Fix T1115 - Choose flow type for the premium

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 115

• Message text: Choose flow type for the premium

What causes this issue?

Several flow types for the option premium have been allocated
to the transaction type. Select one of them.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1115 - Choose flow type for the premium ?

  The SAP error message T1115, "Choose flow type for the premium," typically occurs in the context of insurance or financial modules within SAP, particularly when dealing with premium calculations or postings. This error indicates that the system requires a specific flow type to be assigned for processing premiums, but it has not been defined or selected.
  Cause:
  
  Missing Configuration: The flow type for the premium may not be configured in the system. This can happen if the necessary settings in the customizing (SPRO) have not been completed.
  Incorrect Master Data: The master data for the insurance or financial product may not have the required flow type assigned.
  Transaction Settings: The transaction you are trying to execute may not have the appropriate flow type defined in its settings.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to the relevant section for your module (e.g., Insurance, Financial Services).
  Ensure that the flow types for premiums are correctly defined and assigned.
  
  
  
  Assign Flow Type:
  
  If you are creating or modifying a product or transaction, ensure that you select the appropriate flow type for the premium in the relevant configuration screen.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant insurance or financial product to ensure that it has the correct flow type assigned.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific instructions on how to configure flow types for premiums in your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Flow Types: Flow types are used in SAP to categorize different types of financial transactions. Each flow type has specific characteristics and is used for different purposes, such as posting premiums, claims, or other financial movements.
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in navigating to the configuration or master data screens (e.g., OAA3 for flow type configuration).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  
  By following these steps, you should be able to resolve the T1115 error and ensure that the appropriate flow type for the premium is selected and configured correctly in your SAP system.