How To Fix VVSCMASTERDATA053 - Prov. premium receivable suitable for clearing only for one-time payments


VVSCMASTERDATA053 - Overview

  • Message type: E = Error

  • Message class: VVSCMASTERDATA -

  • Message number: 053

  • Message text: Prov. premium receivable suitable for clearing only for one-time payments

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  • 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.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message VVSCMASTERDATA053 - Prov. premium receivable suitable for clearing only for one-time payments ?
    The SAP error message VVSCMASTERDATA053 indicates that the provision for premium receivables is only suitable for clearing one-time payments. This error typically arises in the context of insurance or financial transactions where premium receivables are involved.
    
    Cause: The error occurs when there is an attempt to clear a premium receivable that is not classified as a one-time payment. This can happen due to several reasons: Incorrect Payment Type: The payment being processed is not recognized as a one-time payment, which is required for the clearing process. Master Data Configuration: The master data for the customer or the premium receivable may not be set up correctly to allow for the clearing of regular payments. Transaction Type: The transaction type being used may not be compatible with the clearing process for the premium receivable.
    Solution: To resolve this error, you can take the following steps: Check Payment Type: Ensure that the payment you are trying to clear is indeed a one-time

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