How To Fix CMS_CAG700 - Portion securing receivables has a lower ranking order;see long text

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_CAG - Message Class for Collateral Agreement

• Message number: 700

• Message text: Portion securing receivables has a lower ranking order;see long text

What causes this issue?

Portion securing receivables has a lower Ranking Order (Portion
Priority) when compared to those portions contributing values to
relations.

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?

A Collateral Agreement first secures the receivables and then
contributes to the relations. Hence, assign a higher Ranking Order to
the portion securing receivables and a lower Ranking Order to the
portion which contributes to a relation. This is one of the system
restrictions.

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_CAG700 - Portion securing receivables has a lower ranking order;see long text ?

  The SAP error message CMS_CAG700 indicates that there is an issue with the ranking order of portions securing receivables in the context of collateral management. This error typically arises when the system detects that a portion of collateral (or a security) has a lower ranking order than expected, which can lead to conflicts in how receivables are secured.
  
  Cause:
  
  Ranking Order Conflict: The error usually occurs when there are multiple portions securing the same receivable, and the system finds that one of the portions has a lower ranking order than another. This can happen if the ranking orders are not set correctly in the collateral management configuration.
  Incorrect Configuration: The configuration of collateral management may not be aligned with the business rules or legal requirements regarding the ranking of securities.
  Data Entry Errors: There may be errors in the data entry for the collateral or receivables, leading to inconsistencies in the ranking orders.
  
  
  Solution:
  
  Review Ranking