How To Fix FKK_CM062 - No collection strategy defined for master data group &1

FKK_CM062 - Overview

• Message type: E = Error

• Message class: FKK_CM -

• Message number: 062

• Message text: No collection strategy defined for master data group &1

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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Smart SAP Assistant

• What is the cause and solution for SAP error message FKK_CM062 - No collection strategy defined for master data group &1 ?

  The SAP error message FKK_CM062 indicates that there is no collection strategy defined for the specified master data group. This error typically occurs in the context of contract accounts receivable and payable (FI-CA) when the system is trying to execute a collection process but cannot find a defined strategy for the specified group.
  
  Cause:
  
  Missing Collection Strategy: The primary cause of this error is that the collection strategy has not been defined for the master data group in question. This could be due to configuration oversight or changes in the master data that have not been reflected in the collection strategy settings.
  Incorrect Master Data Group: The master data group specified in the error message may not be correctly set up or may not exist in the system.
  
  Configuration Issues: There may be issues in the configuration settings related to the collection management module.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Define Collection Strategy:
  
  Go