How To Fix CMS_CAG_RBL120 - Enter ranking class of collateral agreements for link with receivable &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 120

• Message text: Enter ranking class of collateral agreements for link with receivable &1

What causes this issue?

You must specify the <DS:GLOS.6E5E7B9C66E8094AB2AB31DB7C7870A1>ranking
class</> while assigning collateral agreement portions to receivables.
The ranking class is used internally, in the calculations, to determine
the distribution of <DS:GLOS.E5F8D6954F7C6046A0F6685161197C38>collateral
value</> to collateralize the receivables.

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_RBL120 - Enter ranking class of collateral agreements for link with receivable &1 ?

  The SAP error message CMS_CAG_RBL120 indicates that there is an issue related to the ranking class of collateral agreements linked to a receivable. This error typically arises in the context of SAP's Credit Management or Collateral Management modules, where collateral agreements are used to secure receivables.
  Cause:
  The error message is triggered when:
  
  A collateral agreement is being created or modified, but the ranking class for the collateral agreement is not specified or is missing.
  The system requires a ranking class to determine the priority of the collateral in relation to other agreements or receivables.
  There may be inconsistencies in the configuration of collateral agreements or the related receivables.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Collateral Agreement Configuration:
  
  Navigate to the collateral agreement in question and ensure that a ranking class is assigned.
  If the ranking class is missing, you will need to enter a valid ranking class that corresponds to your business requirements.
  
  
  
  Review Receivable Linkage:
  
  Ensure that the receivable linked to the collateral agreement is correctly configured and that it is eligible for collateralization.
  Verify that the receivable has the necessary attributes set to allow for collateral agreements.
  
  
  
  Maintain Ranking Classes:
  
  If you need to create or modify ranking classes, go to the relevant configuration settings in SAP (usually found in the IMG under Financial Services or Credit Management).
  Ensure that the ranking classes are defined correctly and that they meet the business logic required for your organization.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to collateral management and ranking classes for additional guidance on how to set them up correctly.
  
  
  
  Testing:
  
  After making the necessary changes, test the process again to ensure that the error no longer occurs.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after following the above steps, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Collateral Management: This module allows organizations to manage collateral agreements effectively, ensuring that receivables are secured against collateral.
  Ranking Class: This is a classification that determines the priority of claims against collateral. It is essential for managing multiple collateral agreements effectively.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional insights into configuration best practices.
  
  By following these steps, you should be able to resolve the CMS_CAG_RBL120 error and ensure that your collateral agreements are properly configured.