How To Fix CMS_CAG242 - Collateral agreement portion &1 validity dates have been updated

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_CAG - Message Class for Collateral Agreement

• Message number: 242

• Message text: Collateral agreement portion &1 validity dates have been updated

What causes this issue?

If you do not maintain the validity dates for the collateral agreement
portions, then collateral agreement dates are automatically maintained
on the collateral agreement portion. You can change these dates if
required.
<ZH>Note</> : Further changes to the collateral agreement dates will not
be copied on to the collateral agreement portions.They would need to be
changed manually.

System Response

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

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_CAG242 - Collateral agreement portion &1 validity dates have been updated ?

  The SAP error message CMS_CAG242 indicates that the validity dates for a collateral agreement portion have been updated. This message typically arises in the context of managing collateral agreements within the SAP system, particularly in the Financial Services sector.
  
  Cause:
  The error message is triggered when there is a change in the validity dates of a collateral agreement portion. This could happen due to various reasons, such as:
  
  Manual Update: A user manually updated the validity dates of the collateral agreement portion.
  System Process: A background job or process that automatically updates the validity dates based on certain conditions or business rules.
  Data Entry Error: Incorrect data entry that leads to a conflict in the validity dates.
  Integration Issues: If the collateral agreement is integrated with other systems, discrepancies in data synchronization can lead to this error.
  
  
  Solution:
  To resolve the CMS_CAG242 error, consider the following steps:
  
  Review Changes: Check the recent changes made to the collateral agreement portion.