How To Fix 67994 - No collateral in cash (PRF list 05, subs. 03) exists for loan no. &

SAP Error Message - Details

• Message type: E = Error

• Message class: 67 - Loans Messages - Financial Assets Management

• Message number: 994

• Message text: No collateral in cash (PRF list 05, subs. 03) exists for loan no. &

Self-Explanatory Message

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• What is the cause and solution for SAP error message 67994 - No collateral in cash (PRF list 05, subs. 03) exists for loan no. & ?

  The SAP error message "67994 No collateral in cash (PRF list 05, subs. 03) exists for loan no. &" typically occurs in the context of financial transactions, particularly when dealing with loans and collateral management in SAP's Financial Services (FS) module. This error indicates that the system cannot find any cash collateral associated with the specified loan number.
  Cause:
  
  
  Missing Collateral Data: The primary cause of this error is that there is no cash collateral recorded in the system for the specified loan. This could be due to:
  
  The collateral not being set up correctly in the system.
  The collateral data being deleted or not yet created.
  Incorrect loan number being referenced.
  
  
  
  Configuration Issues: There may be configuration issues in the collateral management settings that prevent the system from recognizing the collateral.
  
  
  Data Entry Errors: There could be typographical errors in the loan number or related data that lead to the system not finding the expected collateral.
  
  
  Solution:
  
  
  Check Collateral Records: Verify if there is any cash collateral associated with the loan number in question. You can do this by:
  
  Navigating to the relevant transaction in SAP to view collateral details.
  Ensuring that the collateral is correctly linked to the loan.
  
  
  
  Create or Update Collateral: If no collateral exists, you may need to create a new collateral record. Ensure that:
  
  The collateral type is set to cash.
  All required fields are filled out correctly.
  
  
  
  Verify Loan Number: Double-check the loan number you are using to ensure it is correct. If there are multiple loans, ensure you are referencing the right one.
  
  
  Consult Configuration: If you suspect a configuration issue, consult with your SAP administrator or a consultant who specializes in SAP Financial Services to review the collateral management settings.
  
  
  Review Documentation: Check SAP documentation or help resources for any specific notes related to this error message, as there may be additional context or updates that could be relevant.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing loans and collateral, such as:
  
  FTR_CREATE: For creating financial transactions.
  FTR_EDIT: For editing existing transactions.
  FTR_LIST: For listing financial transactions.
  
  
  
  SAP Notes: Look for SAP Notes related to collateral management and error messages for any patches or updates that may address this issue.
  
  
  User Roles and Permissions: Ensure that the user has the necessary permissions to view and manage collateral records.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it. If the issue persists, consider reaching out to SAP support for further assistance.