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

SAP Error Message - Details

• 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 may not be properly defined in the system.
  Data Type Mismatch: The data type of the collateral amount may not match the expected type (e.g., entering a string instead of a numeric value).
  
  Solutions:
  
  Check Input Format: Ensure that the collateral amount is entered in the correct format. Use the appropriate decimal separator as per your locale settings.
  Validate Amount: Make sure that the collateral amount is a positive value and does not exceed any limits set in the system.
  Complete Required Fields: Verify that all required fields related to the collateral entry are filled out correctly.
  Currency Verification: Ensure that the currency used for the collateral amount is correct and matches the facility's currency.
  Review Configuration: If you have access, review the configuration settings for collateral management to ensure that they are set up correctly.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on entering collateral amounts.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., FSP0, FSP1) that may be used for managing facilities and collateral.
  User Roles: Ensure that the user has the appropriate permissions to enter or modify collateral amounts.
  Testing: If possible, test the entry in a development or sandbox environment to replicate the issue and identify the cause without affecting production data.
  
  If the issue persists after checking these aspects, it may be beneficial to consult with your SAP support team or a technical consultant who can provide more in-depth assistance.