How To Fix CMS_SEC016 - Customizing for asset type and partner function for sec account missing

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_SEC - CMS Securities Add-on

• Message number: 016

• Message text: Customizing for asset type and partner function for sec account missing

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_SEC016 - Customizing for asset type and partner function for sec account missing ?

  The SAP error message CMS_SEC016 indicates that there is a missing configuration for the asset type and partner function for a security account in the system. This error typically arises in the context of managing financial assets, particularly in the area of asset management or investment management.
  Cause:
  The error occurs when the system is unable to find the necessary customizing settings for the specified asset type and partner function. This can happen due to:
  
  Missing Customizing Entries: The required entries for the asset type and partner function have not been defined in the system.
  Incorrect Configuration: The existing configuration may be incorrect or incomplete, leading to the inability to process transactions related to the security account.
  Transport Issues: If the configuration was recently transported from another system, it may not have been properly imported or may be missing some components.
  
  Solution:
  To resolve the CMS_SEC016 error, you can follow these steps:
  
  
  Check Customizing Settings:
  
  Navigate to the customizing settings for asset management in the SAP system.
  Use transaction code SPRO to access the SAP Reference IMG.
  Go to Financial Accounting (New) -> Asset Accounting -> Integration with Financial Accounting -> Define Asset Types.
  Ensure that the asset type in question is properly defined and that the partner function is assigned correctly.
  
  
  
  Define Partner Functions:
  
  Ensure that the partner functions related to the asset type are defined. This can typically be found under the same customizing path or in the relevant sections for partner functions.
  
  
  
  Check for Missing Entries:
  
  If you have access to the database or relevant tables, check for any missing entries in the tables that store asset type and partner function configurations (e.g., TAAST, TAAKZ).
  
  
  
  Transport Requests:
  
  If the configuration was recently transported, check the transport logs for any errors or issues during the transport process. Ensure that all necessary customizing requests have been successfully imported.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to asset management and security accounts for any specific requirements or additional configuration steps that may be necessary.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration, consider reaching out to SAP support for further assistance. They may provide additional insights or patches if this is a known issue.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAOA (for asset types) and OAYD (for partner functions).
  SAP Notes: Search for SAP Notes related to CMS_SEC016 for any specific fixes or recommendations provided by SAP.
  Documentation: Review the SAP Help Portal for detailed information on asset management and security account configurations.
  
  By following these steps, you should be able to identify and resolve the issue causing the CMS_SEC016 error in your SAP system.