How To Fix CMS_INS008 - Enter the currency for the insurance tax amount of collateral object

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_INS - Messages for Insurance

• Message number: 008

• Message text: Enter the currency for the insurance tax amount of collateral object

What causes this issue?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Enter the currency for the insurance tax amount of collateral object
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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_INS008 - Enter the currency for the insurance tax amount of collateral object ?

  The SAP error message CMS_INS008, which states "Enter the currency for the insurance tax amount of collateral object," typically occurs in the context of managing collateral in the SAP system, particularly when dealing with insurance-related transactions.
  
  Cause:
  This error usually arises when the system expects a currency code to be specified for the insurance tax amount associated with a collateral object, but it has not been provided. This can happen due to:
  
  Missing Data: The currency field for the insurance tax amount is left blank or not filled in correctly.
  
  Configuration Issues: There may be issues with the configuration of the collateral management module or the insurance settings.
  Data Entry Errors: Users may have overlooked entering the required currency information during data entry.
  
  
  Solution:
  To resolve the CMS_INS008 error, you can take the following steps:
  
  
  Check Input Fields: Ensure that the currency field for the insurance tax amount is filled in correctly. This field should not be left