How To Fix FVD_COLL_AL004 - You cannot enter collateral in create mode

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_COLL_AL - Messages Collateral Application Integration

• Message number: 004

• Message text: You cannot enter collateral in create mode

What causes this issue?

You are in create mode and would like to assign the required collateral
to a loan. This is not possible in create mode.

System Response

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

How to fix this error?

Save the installment loan and call it up for processing. Assign the
necessary collateral.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_COLL_AL004 - You cannot enter collateral in create mode ?

  The SAP error message FVD_COLL_AL004 ("You cannot enter collateral in create mode") typically occurs in the context of managing collateral in the SAP Financial Services (FS) module, particularly in the area of collateral management. This error indicates that the system is preventing the user from entering collateral data in a mode that is not allowed, often due to the current status of the transaction or the configuration settings.
  Causes:
  
  Transaction Mode: The error usually arises when the user is trying to create or modify collateral data in a mode that does not permit such actions. For example, if the system is in a display mode or if the transaction is locked for editing.
  Status of the Collateral: The collateral might already be in a status that does not allow for new entries or modifications. For instance, if the collateral has already been processed or is in a closed state.
  Authorization Issues: The user may not have the necessary permissions to create or modify collateral entries.
  Configuration Settings: There may be specific configuration settings in the collateral management module that restrict the creation of collateral under certain conditions.
  
  Solutions:
  
  Check Transaction Mode: Ensure that you are in the correct mode for creating collateral. If you are in display mode, switch to edit mode or create mode as appropriate.
  Review Collateral Status: Check the status of the collateral you are trying to enter. If it is already processed or in a closed state, you may need to create a new entry or modify the existing one based on the business process.
  User Authorizations: Verify that you have the necessary authorizations to create or modify collateral entries. If not, contact your system administrator to obtain the required permissions.
  Consult Configuration: If the issue persists, consult with your SAP configuration team to review the settings related to collateral management. They may need to adjust the configuration to allow for the creation of collateral under the current circumstances.
  Error Logs: Check the system logs for any additional error messages or warnings that may provide more context about the issue.
  
  Related Information:
  
  SAP Notes: Look for relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  Documentation: Review the SAP documentation related to collateral management for best practices and guidelines on how to properly enter collateral data.
  Support Forums: Consider checking SAP community forums or support channels for similar issues faced by other users and their solutions.
  
  If the problem continues after trying the above solutions, it may be beneficial to escalate the issue to your SAP support team for further investigation.