How To Fix CMS_LIQ003 - Liquidation measure type &1 does not exist; see long text

CMS_LIQ003 - Overview

• Message type: E = Error

• Message class: CMS_LIQ - Liquidation

• Message number: 003

• Message text: Liquidation measure type &1 does not exist; see long text

What causes this issue?

The liquidation measure type &V1& is not defined in the system.

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?

You can use the search help (F4) on the field to select an existing
liquidation meausre type. You can define liquidation measure types in
the IMG activity <DS:SIMG.CMS_LIQ>Define Liquidation Measure Types</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

CMS_LIQ003 - Details

• The SAP error message CMS_LIQ003 indicates that a specific liquidation measure type (denoted by &1) does not exist in the system. This error typically arises in the context of the SAP Contract Management or SAP Financial Services modules, where liquidation measures are used to manage financial transactions and contracts.
  
  Cause:
  
  Missing Configuration: The liquidation measure type specified in the error message has not been defined in the system. This could be due to a configuration oversight during the setup of the system.
  Incorrect Input: The measure type being referenced may have been entered incorrectly, leading to the system not being able to find it.
  Transport Issues: If the configuration was recently transported from another system (e.g., from a development to a production environment), the transport may not have included the necessary measure type definitions.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the relevant configuration settings in SAP (usually found in the IMG - Implementation Guide).
  Verify if the liquidation measure