How To Fix 69973 - Object is not eligible to serve as collateral

69973 - Overview

• Message type: E = Error

• Message class: 69 - Central Functions of Financial Asset Management

• Message number: 973

• Message text: Object is not eligible to serve as collateral

What causes this issue?

You want to assign this security/asset to the premium reserve fund
(stock indicator 1), but have not set the <ZK>Elig. for PRF</>
indicator.

How to fix this error?

Change the PRF indicator (for example to "3" = unrestricted assets), or
set the <ZK>Elig. for PRF</> indicator.

Error message extract from SAP system. Copyright SAP SE.

69973 - Details

• The SAP error message 69973, "Object is not eligible to serve as collateral," typically occurs in the context of financial transactions, particularly when dealing with collateral management in SAP. This error indicates that the object (such as a financial instrument, asset, or other entity) you are trying to use as collateral does not meet the necessary criteria set by the system.
  Causes:
  
  Ineligible Object Type: The object you are trying to use may not be defined as eligible for collateral in the system settings.
  Missing Configuration: The collateral management configuration may not be set up correctly for the specific object type.
  Status Issues: The object may be in a status that does not allow it to be used as collateral (e.g., it may be locked, inactive, or not fully processed).
  Valuation Issues: The object may not have a valid valuation or may not meet the required valuation criteria for collateral purposes.
  Regulatory Compliance: The object may