Stop googling SAP errors. Use our Free Essentials plan instead - no credit card needed. Start Now

Close

How To Fix VK20116 - Coinsurance shares are greater than total amount


SAP Error Message - Details

  • Message type: E = Error

  • Message class: VK20 - Messages for Reporting

  • Message number: 116

  • Message text: Coinsurance shares are greater than total amount

  • Show details Hide details
  • What causes this issue?

    The total for coinsurance shares is &V1& &V2& and is greater then the
    total amount &V3&.

    System Response

    The system cancels processing.

    How to fix this error?

    Correct your entries.

    Procedure for System Administrators

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


    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message VK20116 - Coinsurance shares are greater than total amount ?

    The SAP error message VK20116, which states "Coinsurance shares are greater than total amount," typically occurs in the context of insurance or financial transactions where coinsurance is involved. This error indicates that the sum of the coinsurance shares assigned to different parties exceeds the total amount that is being processed.

    Cause:

    1. Incorrect Coinsurance Distribution: The coinsurance shares assigned to various parties may have been incorrectly calculated or entered, leading to a total that exceeds the overall amount.
    2. Data Entry Errors: Manual entry errors can lead to incorrect values being input for coinsurance shares.
    3. Configuration Issues: There may be issues in the configuration of the insurance module or the way coinsurance is set up in the system.
    4. Rounding Issues: Sometimes, rounding differences can cause the total of the coinsurance shares to exceed the total amount.

    Solution:

    1. Review Coinsurance Shares: Check the coinsurance shares assigned to each party involved in the transaction. Ensure that the total of these shares does not exceed the total amount.
    2. Adjust Values: If the shares are incorrect, adjust them to ensure they sum up to a value that is less than or equal to the total amount.
    3. Check Configuration: Review the configuration settings related to coinsurance in the SAP system to ensure they are set up correctly.
    4. Consult Documentation: Refer to SAP documentation or guidelines for handling coinsurance to ensure compliance with the expected processes.
    5. Test with Sample Data: If possible, create a test scenario with sample data to replicate the issue and identify the root cause.
    6. Contact Support: If the issue persists, consider reaching out to SAP support or your internal IT team for further assistance.

    Related Information:

    • SAP Modules: This error is often encountered in modules related to insurance, finance, or claims processing.
    • Transaction Codes: Familiarize yourself with relevant transaction codes that may be involved in processing coinsurance, such as those for creating or modifying insurance contracts.
    • User Roles: Ensure that users entering data have the appropriate roles and permissions to make changes to coinsurance shares.
    • Documentation: Keep documentation of the coinsurance process and any changes made to the configuration for future reference.

    By addressing the underlying causes and following the suggested solutions, you should be able to resolve the VK20116 error effectively.

    • Do you have any question about this error?


      Upgrade now to chat with this error.


Instant HelpGet instant SAP help. Sign up for our Free Essentials Plan.


Related SAP Error Messages

Click the links below to see the following related messages:

Click on this link to search all SAP messages.


Rating
ERPlingo simplifies finding the accurate answers to SAP message errors. I now use every week. A must have tool for anyone working with SAP! Highly recommended!
Rate 1
Kent Bettisworth
Executive SAP Consultant