How To Fix CMS_CHG001 - Charge on asset &1 and collateral agreement &2 already exists

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_CHG - Message Class for Charges

• Message number: 001

• Message text: Charge on asset &1 and collateral agreement &2 already exists

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_CHG001 - Charge on asset &1 and collateral agreement &2 already exists ?

  The SAP error message CMS_CHG001 indicates that there is an attempt to create or modify a charge on an asset that already has an existing charge associated with it in the context of a collateral agreement. This error typically arises in the context of SAP's Contract Management or Financial Services modules, particularly when dealing with collateral management.
  Cause:
  The error occurs due to the following reasons:
  
  Duplicate Charge Entry: The system is trying to create a charge for an asset that already has an existing charge linked to it under the specified collateral agreement.
  Data Integrity Rules: SAP enforces data integrity rules to prevent duplicate entries that could lead to inconsistencies in financial reporting and asset management.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Existing Charges:
  
  Review the existing charges associated with the asset and collateral agreement. You can do this by navigating to the relevant transaction or report that displays charges for assets.
  Identify if the charge you are trying to create is indeed a duplicate.
  
  
  
  Modify Existing Charge:
  
  If the charge already exists and you need to make changes, consider modifying the existing charge instead of creating a new one. This may involve updating the charge details or adjusting the terms.
  
  
  
  Delete Duplicate Charge:
  
  If the existing charge is incorrect or no longer needed, you may delete it (if your business process allows for this) before attempting to create a new charge.
  
  
  
  Consult Documentation:
  
  Refer to the SAP documentation or help files related to charge management and collateral agreements for specific guidelines on handling charges.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance based on your specific configuration and business processes.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with asset management and collateral agreements, such as:
  
  CMS1: Create Collateral Agreement
  CMS2: Change Collateral Agreement
  CMS3: Display Collateral Agreement
  
  
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may address known issues.
  User Roles and Permissions: Ensure that you have the necessary permissions to create or modify charges in the system, as restrictions may also lead to errors.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.