How To Fix CMS_CAG301 - Enter mandatory partner function &1 for collateral agreement type &2

CMS_CAG301 - Overview

• Message type: E = Error

• Message class: CMS_CAG - Message Class for Collateral Agreement

• Message number: 301

• Message text: Enter mandatory partner function &1 for collateral agreement type &2

What causes this issue?

Business partner function is a mandatory value to maintain business
partner details.

System Response

System fails to save business partner details if the mandatory values,
partner function and ID, are not specified.

How to fix this error?

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

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_CAG301 - Enter mandatory partner function &1 for collateral agreement type &2 ?

  The SAP error message CMS_CAG301 indicates that a mandatory partner function is missing for a collateral agreement type. This error typically occurs in the context of managing collateral agreements in the SAP system, particularly within the Financial Services sector.
  
  Cause:
  The error arises when you attempt to create or modify a collateral agreement without specifying a required partner function. Partner functions are roles that different parties play in a business transaction, and they are essential for the system to understand the relationships and responsibilities of each party involved in the collateral agreement.
  
  Solution:
  To resolve this error, you need to ensure that all mandatory partner functions are correctly assigned to the collateral agreement. Here are the steps you can take:
  
  
  Identify Required Partner Functions:
  
  Check the configuration settings for the collateral agreement type in your SAP system. This can usually be done in the customizing settings (transaction code SPRO).
  Navigate to the relevant section for collateral management