How To Fix FAZ001 - Facility collateral: Invalid entry for collateral amount

FAZ001 - Overview

• Message type: E = Error

• Message class: FAZ - Error Handling for FACILITIES

• Message number: 001

• Message text: Facility collateral: Invalid entry for collateral amount

What causes this issue?

Invalid entry for the collateral amount, neither an amount nor a
percentage.

System Response

The system ignores this facility collateral.

How to fix this error?

Check the collateral master data/transaction data.

Procedure for System Administrators

Application Programming:
Category group FAZP (development class FTBK01), constants
fazp_amount_abs,fazp_amount_rel.
Supply of data to fields for facilities collateral in function module
KL_FAZ_EVAL_SINGLE.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAZ001 - Facility collateral: Invalid entry for collateral amount ?

  The SAP error message FAZ001, which states "Facility collateral: Invalid entry for collateral amount," typically occurs in the context of managing financial transactions related to collateral in SAP's Financial Services or Banking modules. This error indicates that there is an issue with the collateral amount entered for a facility, which could be due to several reasons.
  Causes:
  
  Invalid Format: The collateral amount may not be in the correct format (e.g., using commas instead of periods for decimal points).
  Negative Values: The system may not allow negative values for collateral amounts, and a negative value may have been entered.
  Exceeding Limits: The entered collateral amount may exceed predefined limits set in the system for that particular facility.
  Missing Required Fields: Other required fields related to the collateral entry may not have been filled out correctly, leading to validation errors.
  Currency Issues: The currency of the collateral amount may not match the expected currency for the facility or