How To Fix FTVV_MESSAGES785 - Collateral is already assigned

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 785

• Message text: Collateral is already assigned

What causes this issue?

The collateral object you have chosen is already assigned.

System Response

The system rejects the duplicate assignment.

How to fix this error?

You need to choose a collateral that has not been assigned yet.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES785 - Collateral is already assigned ?

  The SAP error message FTVV_MESSAGES785 indicates that a collateral is already assigned to a specific transaction or financial instrument, and therefore cannot be assigned again. This error typically arises in the context of financial transactions, particularly in modules related to treasury and risk management.
  
  Cause:
  
  Duplicate Assignment: The collateral you are trying to assign is already linked to another transaction or financial instrument.
  Incorrect Transaction Type: The transaction type you are using may not allow for multiple assignments of the same collateral.
  Data Entry Error: There may be a mistake in the data entry, such as selecting the wrong collateral or transaction.
  
  
  Solution:
  
  Check Existing Assignments: Review the current assignments of the collateral in question. You can do this by navigating to the relevant transaction or collateral management screen in SAP.
  Unassign the Collateral: If the collateral is no longer needed for the previous assignment, you may need to unassign it from the existing transaction before assigning