How To Fix CMS_CAG_RBL116 - Collateral agreement portions allowed only for component type : principal

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_CAG_RBL - Message Class for Collateral Agreement -Receivable Link

• Message number: 116

• Message text: Collateral agreement portions allowed only for component type : principal

What causes this issue?

You cannot define receivable portions if you are securing the component
types interest , fees or overdraft of the receivable. You can maintain
receivable portions only for component type <ZK>Principal </>.

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_CAG_RBL116 - Collateral agreement portions allowed only for component type : principal ?

  The SAP error message CMS_CAG_RBL116 indicates that there is an issue with the collateral agreement portions in the context of a financial transaction. Specifically, this error message states that collateral agreement portions are only allowed for the component type "principal." 
  Cause:
  This error typically arises when you are trying to create or modify a collateral agreement that includes portions for a component type that is not recognized as valid for collateral agreements. In this case, the system expects the component type to be "principal," but it seems that another type is being used.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Component Type: Ensure that the component type you are using in the collateral agreement is set to "principal." If you are using a different component type, you will need to change it to "principal."
  
  
  Review Collateral Agreement Configuration: Verify the configuration settings for collateral agreements in your SAP system. Make sure that the settings allow for the correct component types and that they are properly defined.
  
  
  Data Entry Validation: When entering data for the collateral agreement, double-check that all fields are filled out correctly and that you are not inadvertently selecting an invalid component type.
  
  
  Consult Documentation: Refer to the SAP documentation or help files related to collateral management to understand the requirements and restrictions for collateral agreements.
  
  
  SAP Notes and Support: If the issue persists, check for any relevant SAP Notes that might address this specific error. You can search the SAP Support Portal for updates or patches that may resolve the issue.
  
  
  Contact SAP Support: If you are unable to resolve the issue on your own, consider reaching out to SAP Support for assistance. Provide them with the error message and any relevant details about the transaction you are trying to perform.
  
  
  Related Information:
  
  Collateral Management: This is a part of SAP's Financial Services module, which deals with managing collateral agreements, risk management, and ensuring compliance with financial regulations.
  Component Types: In the context of collateral agreements, component types refer to the different financial instruments or obligations that can be secured by collateral. The "principal" component type typically refers to the main amount of a loan or financial obligation.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.