How To Fix CMS_SEC001 - Securities account &2 of depository &1 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_SEC - CMS Securities Add-on

• Message number: 001

• Message text: Securities account &2 of depository &1 does not exist

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_SEC001 - Securities account &2 of depository &1 does not exist ?

  The SAP error message CMS_SEC001 indicates that the system cannot find the specified securities account in the given depository. This error typically arises in the context of managing securities and financial transactions within the SAP system, particularly in the SAP Financial Services (FS) module.
  Cause:
  
  Incorrect Account Number: The securities account number provided in the transaction may be incorrect or mistyped.
  Non-Existent Account: The securities account may not have been created in the system or may have been deleted.
  Wrong Depository: The depository specified may not be associated with the securities account in question.
  Authorization Issues: The user may not have the necessary permissions to access the specified securities account.
  Configuration Issues: There may be issues with the configuration of the securities accounts or depositories in the system.
  
  Solution:
  
  Verify Account Details: Check the securities account number and the depository number for accuracy. Ensure that they are correctly entered in the transaction.
  Check Account Existence: Use transaction codes like CMSA (Securities Account) or CMSD (Depository) to verify if the securities account exists in the system.
  Create Account: If the account does not exist, you may need to create it using the appropriate transaction code (e.g., CMSA).
  Check Depository Configuration: Ensure that the depository is correctly configured and that it is linked to the securities account.
  Review Authorizations: Check the user’s authorizations to ensure they have the necessary permissions to access the securities account.
  Consult Documentation: Refer to SAP documentation or help resources for additional guidance on managing securities accounts and depositories.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CMSA (Securities Account), CMSD (Depository), and CMOD (Customizing for Securities).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that the user roles and profiles are correctly set up to allow access to the necessary functionalities.
  System Configuration: Review the configuration settings in the SAP system related to securities management to ensure everything is set up correctly.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant for further assistance.