How To Fix KLSI003 - Collateral category &1 is not permissible

KLSI003 - Overview

• Message type: E = Error

• Message class: KLSI - Error Message for Management of Collateral Provision

• Message number: 003

• Message text: Collateral category &1 is not permissible

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message KLSI003 - Collateral category &1 is not permissible ?

  The SAP error message KLSI003, which states "Collateral category &1 is not permissible," typically occurs in the context of SAP's Financial Services or Treasury modules, particularly when dealing with collateral management. This error indicates that the collateral category specified in a transaction or configuration is not valid or allowed in the current context.
  
  Cause:
  
  Invalid Collateral Category: The collateral category specified in the transaction does not exist or is not defined in the system.
  
  Configuration Issues: The collateral category may not be properly configured in the system settings, or it may not be assigned to the relevant transaction type or business process.
  Authorization Issues: The user may not have the necessary authorizations to use the specified collateral category.
  Data Entry Errors: There may be a typographical error in the collateral category code entered in the transaction.
  
  
  Solution:
  
  
  Check Collateral Category: Verify that the collateral category specified in the transaction is valid. You can do this by checking