How To Fix CACSRETMD007 - Specify a percentage rate for retention agreement &1

CACSRETMD007 - Overview

• Message type: E = Error

• Message class: CACSRETMD - Retention: Messages for Master Data

• Message number: 007

• Message text: Specify a percentage rate for retention agreement &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CACSRETMD007 - Specify a percentage rate for retention agreement &1 ?

  The SAP error message CACSRETMD007 indicates that a percentage rate for a retention agreement has not been specified. This error typically occurs in the context of managing retention agreements in SAP, particularly in the SAP Contract Accounts Receivable and Payable (FI-CA) module.
  
  Cause:
  The error arises when you attempt to create or modify a retention agreement without providing a required percentage rate. The percentage rate is essential for calculating the retention amount that will be withheld from payments.
  
  Solution:
  To resolve this error, you need to specify a percentage rate for the retention agreement. Here are the steps to do this:
  
  
  Access the Retention Agreement:
  
  Navigate to the transaction where you are managing the retention agreement (e.g., transaction code CACSRET or similar).
  
  
  
  Edit the Retention Agreement:
  
  If you are creating a new retention agreement, ensure that you fill in all mandatory fields, including the percentage rate.
  If you are modifying an existing agreement, locate the relevant agreement and enter