How To Fix CMS_CAG300 - Business partner function &1 not defined for collateral agreement type &2

CMS_CAG300 - Overview

• Message type: E = Error

• Message class: CMS_CAG - Message Class for Collateral Agreement

• Message number: 300

• Message text: Business partner function &1 not defined for collateral agreement type &2

What causes this issue?

You have not assigned the business partner function set to which the
specified partner function belongs, to the selected collateral
agreement type.

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?

Assign partner function sets to agreement types in the Implementation
Guide (IMG) activity <DS:SIMG.SIMG_CMS_CAG_TYP>Define Collateral
Agreement Types</>.

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_CAG300 - Business partner function &1 not defined for collateral agreement type &2 ?

  The SAP error message CMS_CAG300 indicates that there is an issue with the configuration of business partner functions in relation to a collateral agreement type. This error typically arises in the context of SAP's Credit Management or Collateral Management modules, where specific business partner roles and their associated functions must be defined for different collateral agreement types.
  
  Cause:
  The error occurs when:
  
  A business partner function (e.g., creditor, debtor) is not defined for the specified collateral agreement type in the system.
  The configuration settings for the business partner roles and collateral agreement types are incomplete or incorrect.
  The collateral agreement type being used does not have the necessary business partner function assigned to it.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Business Partner Configuration:
  
  Go to the transaction code BP (Business Partner) in SAP.
  Verify that the business partner in question has the required functions assigned. You can do this by checking the roles assigned to