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

SAP Error Message - Details

• 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

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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 the configuration settings in the SAP system.
  
  Navigate to the relevant configuration area (e.g., SPRO) and check the settings for collateral management.
  Ensure that the collateral category exists and is correctly defined.
  
  
  
  Review Configuration: If the collateral category is valid, check if it is properly assigned to the relevant transaction type or business process. Ensure that all necessary settings are in place.
  
  
  User Authorizations: Ensure that the user executing the transaction has the necessary authorizations to use the specified collateral category. This may involve checking user roles and permissions.
  
  
  Correct Data Entry: If the collateral category was entered manually, double-check for any typographical errors. Ensure that the correct code is being used.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific details about the collateral categories and their permissible uses.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any updates or patches related to collateral management that may address this issue.
  Transaction Codes: Familiarize yourself with relevant transaction codes related to collateral management (e.g., transaction codes for configuration, reporting, etc.).
  Training and Documentation: Review any training materials or documentation related to collateral management in your organization to ensure proper understanding and usage of collateral categories.
  
  By following these steps, you should be able to identify the cause of the KLSI003 error and implement the appropriate solution.