How To Fix KLSI020 - &1 are not allowed for securities collateral

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 020

• Message text: &1 are not allowed for securities collateral

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 KLSI020 - &1 are not allowed for securities collateral ?

  The SAP error message KLSI020 indicates that certain securities collateral types are not allowed in the context of the transaction you are trying to execute. This error typically arises in the context of financial transactions involving collateral management, particularly when dealing with securities.
  Cause:
  The error message KLSI020 is triggered when:
  
  The securities collateral type you are trying to use is not configured or allowed in the system for the specific transaction or process.
  There may be restrictions based on the type of securities or the business rules defined in the system.
  The securities may not meet the necessary criteria for collateralization as per the configuration in the SAP system.
  
  Solution:
  To resolve the KLSI020 error, you can take the following steps:
  
  
  Check Configuration: 
  
  Review the configuration settings for collateral management in your SAP system. Ensure that the securities collateral type you are trying to use is properly configured and allowed for the transaction you are executing.
  You may need to consult with your SAP Basis or Financial Configuration team to verify the settings.
  
  
  
  Review Security Types:
  
  Ensure that the securities you are trying to use as collateral are valid and meet the necessary criteria. This may involve checking the security type, its status, and any associated restrictions.
  
  
  
  Consult Documentation:
  
  Refer to the SAP documentation or help files related to collateral management and securities to understand the specific requirements and restrictions for the collateral types.
  
  
  
  Error Message Details:
  
  The error message may include additional details or codes that can provide more context. Pay attention to the specific collateral type mentioned in the error message.
  
  
  
  Testing:
  
  If changes are made to the configuration, conduct tests to ensure that the issue is resolved and that the securities collateral can be processed as expected.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue through configuration or testing, consider reaching out to SAP support for further assistance. They can provide insights based on the specific version and configuration of your SAP system.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes related to collateral management, such as those for managing securities, collateral agreements, and risk management.
  User Roles and Authorizations: Ensure that the user executing the transaction has the necessary authorizations to work with securities collateral.
  Business Rules: Understand the business rules and policies that govern the use of securities as collateral in your organization, as these may impact the configuration in SAP.
  
  By following these steps, you should be able to identify the cause of the KLSI020 error and implement a solution to resolve it.