How To Fix KLSI007 - Collateral provision &1 already exists. Old object will be overwritten

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 007

• Message text: Collateral provision &1 already exists. Old object will be overwritten

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message KLSI007 - Collateral provision &1 already exists. Old object will be overwritten ?

  The SAP error message KLSI007 indicates that there is an attempt to create or modify a collateral provision in the system, but a provision with the same identifier already exists. This means that the system is trying to create a new entry that conflicts with an existing one, and it warns that the old object will be overwritten.
  Cause:
  
  Duplicate Entry: The most common cause of this error is that a collateral provision with the same key or identifier already exists in the system.
  Data Entry Error: There may have been an error in data entry, leading to the creation of a duplicate record.
  System Configuration: The system may not be configured to handle multiple entries for the same collateral provision.
  
  Solution:
  
  
  Check Existing Records: Before creating a new collateral provision, check the existing records to see if the provision you are trying to create already exists. You can do this by using transaction codes related to collateral management or by querying the database.
  
  
  Modify Existing Record: If the existing record is valid and should be retained, consider modifying it instead of creating a new one. This can often be done through the same transaction used to create the provision.
  
  
  Delete or Archive Old Records: If the existing record is no longer needed, you may delete or archive it, allowing you to create a new provision without conflict.
  
  
  Consult Documentation: Review the SAP documentation or help files related to collateral management to ensure you are following the correct procedures for creating and managing collateral provisions.
  
  
  Check for Custom Logic: If your organization has custom logic or enhancements in place, ensure that they are not causing the duplication issue.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KLS1 (Collateral Management) or others that pertain to your specific SAP module.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Permissions: Ensure that you have the necessary permissions to create or modify collateral provisions in the system.
  
  By following these steps, you should be able to address the KLSI007 error effectively.