How To Fix FKK_CM061 - No collection strategy determined for &1 &2 &3

FKK_CM061 - Overview

• Message type: E = Error

• Message class: FKK_CM -

• Message number: 061

• Message text: No collection strategy determined for &1 &2 &3

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

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FKK_CM061 - Details

• The SAP error message FKK_CM061 ("No collection strategy determined for &1 &2 &3") typically occurs in the context of the Contract Accounts Receivable and Payable (FI-CA) module. This error indicates that the system could not find a collection strategy for the specified parameters, which are usually related to the customer account, the company code, and the business area.
  Causes:
  
  Missing Collection Strategy: The most common cause is that there is no collection strategy defined for the specific combination of parameters (customer, company code, etc.) in the system.
  Incorrect Configuration: The configuration settings for the collection strategy may not be set up correctly or may be incomplete.
  Data Inconsistencies: There may be inconsistencies in the master data or configuration that prevent the system from determining the appropriate collection strategy.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access the collection strategy data.
  
  Solutions:
  
  
  Define Collection Strategy:
  
  Go to the configuration settings in SAP (Transaction code: