How To Fix CMS_CAG500 - Rules not allowed for deal specific agreement type '&1'

CMS_CAG500 - Overview

• Message type: E = Error

• Message class: CMS_CAG - Message Class for Collateral Agreement

• Message number: 500

• Message text: Rules not allowed for deal specific agreement type '&1'

What causes this issue?

The collateral agreement type &SYST-MSGV1& does not have the attribute
"Global CAgmt" set in the Implementation guide. This implies its a
deal specific agreement type. These agreements can be only be used to
secure a specific set of receivables and cannot have rules assigned to
them.

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?

Do not assign any rules to these agreement types.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

CMS_CAG500 - Details

• The SAP error message CMS_CAG500 indicates that there is an issue with the rules being applied to a deal-specific agreement type in the Contract Management System (CMS) of SAP. This error typically arises when the system detects that certain rules or conditions are not applicable to the specified agreement type.
  
  Cause:
  
  Incompatible Rules: The rules you are trying to apply may not be compatible with the deal-specific agreement type you are using. Each agreement type in SAP has specific rules that can be applied, and if the rules do not match, this error will occur.
  
  Configuration Issues: There may be a misconfiguration in the system settings related to the agreement types and the rules that can be applied to them.
  Missing Customization: If the agreement type is custom or newly created, it may not have the necessary configurations or rules defined in the system.
  
  
  Solution:
  
  Check Agreement Type: Verify the agreement type you are using and