How To Fix CMS_SEC071 - Enter a valid safety amount currency for the ISIN &1

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_SEC - CMS Securities Add-on

• Message number: 071

• Message text: Enter a valid safety amount currency for the ISIN &1

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_SEC071 - Enter a valid safety amount currency for the ISIN &1 ?

  The SAP error message CMS_SEC071, which states "Enter a valid safety amount currency for the ISIN &1," typically occurs in the context of financial transactions or securities management within the SAP system. This error indicates that the system is expecting a valid currency code for the safety amount associated with a specific International Securities Identification Number (ISIN), but it has not been provided or is invalid.
  Cause:
  
  Missing Currency Code: The safety amount currency for the specified ISIN has not been entered.
  Invalid Currency Code: The currency code provided does not match any valid currency in the system.
  Configuration Issues: There may be configuration issues in the system related to the securities or financial instruments.
  Data Entry Errors: Mistakes during data entry, such as typos or incorrect ISINs, can lead to this error.
  
  Solution:
  
  Check ISIN Entry: Verify that the ISIN entered is correct and exists in the system.
  Enter Valid Currency: Ensure that a valid currency code is entered for the safety amount. This can typically be done in the relevant transaction or master data maintenance screen.
  Review Configuration: Check the configuration settings for securities in the SAP system to ensure that the safety amount currency is properly defined.
  Consult Documentation: Refer to SAP documentation or help resources for guidance on the specific transaction or module you are working with.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  ISIN: The International Securities Identification Number is a unique identifier for securities, which is used globally to identify specific financial instruments.
  Safety Amount: This typically refers to a reserve or buffer amount that is maintained for risk management purposes in financial transactions.
  Currency Codes: Ensure that the currency codes used are compliant with ISO 4217 standards, which define the three-letter codes for currencies.
  
  By following these steps, you should be able to resolve the CMS_SEC071 error in your SAP system.