How To Fix CMS_LIQ018 - Global declaration of purpose exists; see long text

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_LIQ - Liquidation

• Message number: 018

• Message text: Global declaration of purpose exists; see long text

What causes this issue?

This message is a warning that the collateral agreement to which the
collateral (liquidation) object is assigned has a global declaration of
purpose. You must inform all the interested parties before you create a
liquidation measure on this collateral object.

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_LIQ018 - Global declaration of purpose exists; see long text ?

  The SAP error message CMS_LIQ018, which states "Global declaration of purpose exists; see long text," typically occurs in the context of the SAP system when dealing with liquidity management or cash management functionalities. This error indicates that there is a global declaration of purpose that has been defined, which may conflict with the current transaction or process you are trying to execute.
  
  Cause:
  
  Global Declaration of Purpose: The error suggests that there is a global declaration of purpose already defined in the system. This could be related to liquidity management settings or cash management configurations.
  
  Configuration Issues: There may be inconsistencies or misconfigurations in the settings related to liquidity management or cash management.
  Data Entry Errors: Incorrect or incomplete data entry in the relevant fields may trigger this error.
  
  
  Solution:
  
  
  Check Global Declaration of Purpose: 
  
  Navigate to the relevant configuration settings in SAP where global declarations of purpose are defined. This can usually be found in