How To Fix FSCY050 - Generation of cover pools not possible; no rules exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FSCY - Generation of Cover Pools - Flexible Master Data Structure

• Message number: 050

• Message text: Generation of cover pools not possible; no rules exist

What causes this issue?

System Response

The system does not generate cover pools automatically.

How to fix this error?

Create rules for the automatic generation of cover pools in master data
maintenance, under <LS>Control -> Cover Eligibility -> Automatic
Generation of Cover Pools -> Maintain Rules</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FSCY050 - Generation of cover pools not possible; no rules exist ?

  The SAP error message FSCY050, which states "Generation of cover pools not possible; no rules exist," typically occurs in the context of SAP's Financial Services module, particularly when dealing with collateral management or asset-backed securities. This error indicates that the system is unable to generate cover pools because there are no defined rules or criteria for doing so.
  Cause:
  
  
  Missing Rules: The primary cause of this error is the absence of rules or criteria that define how cover pools should be generated. This could be due to:
  
  Rules not being set up in the system.
  Rules being deleted or not activated.
  Incorrect configuration in the collateral management settings.
  
  
  
  Configuration Issues: There may be issues with the configuration of the relevant modules or components in SAP that are necessary for cover pool generation.
  
  
  Data Issues: If the necessary data for generating cover pools is incomplete or incorrect, it may also lead to this error.
  
  
  Solution:
  
  
  Define Rules: 
  
  Navigate to the relevant configuration settings in SAP (usually found in the Financial Services or Collateral Management area).
  Ensure that the necessary rules for cover pool generation are defined and activated. This may involve creating new rules or modifying existing ones.
  
  
  
  Check Configuration: 
  
  Review the configuration settings related to cover pools and collateral management to ensure they are correctly set up.
  Make sure that all necessary parameters and settings are in place.
  
  
  
  Data Validation: 
  
  Check the data related to the assets that are supposed to be included in the cover pool. Ensure that all required information is complete and accurate.
  
  
  
  Consult Documentation: 
  
  Refer to SAP documentation or help resources for specific guidance on setting up cover pool rules and configurations.
  
  
  
  Testing: 
  
  After making changes, perform tests to ensure that the cover pool generation works as expected without triggering the error.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  Support: If the issue persists, consider reaching out to SAP support for assistance, especially if it involves complex configurations or custom developments.
  
  By following these steps, you should be able to resolve the FSCY050 error and successfully generate cover pools in your SAP system.