How To Fix KLSI055 - You must specify a guarantor for personal collateral provision

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 055

• Message text: You must specify a guarantor for personal collateral provision

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 KLSI055 - You must specify a guarantor for personal collateral provision ?

  The SAP error message KLSI055, which states "You must specify a guarantor for personal collateral provision," typically occurs in the context of financial transactions involving collateral management in SAP. This error indicates that the system requires a guarantor to be specified for a personal collateral provision, but none has been provided.
  Cause:
  
  Missing Guarantor Information: The most common cause of this error is that the transaction or document being processed does not have a guarantor specified. This is particularly relevant in cases where personal collateral is involved, as a guarantor is often required to secure the collateral.
  Configuration Issues: There may be configuration settings in the SAP system that require a guarantor for certain types of collateral transactions, and these settings may not be properly aligned with the transaction being processed.
  Data Entry Errors: There may be a data entry error where the field for the guarantor was overlooked or incorrectly filled.
  
  Solution:
  
  Specify a Guarantor: Ensure that you enter a valid guarantor in the relevant field when processing the transaction. This may involve selecting a guarantor from a list of available entities or entering the details manually.
  Check Configuration Settings: If you are responsible for system configuration, review the settings related to collateral management to ensure that the requirement for a guarantor is appropriate for the type of transaction you are processing. Adjust the settings if necessary.
  Review Documentation: Consult the documentation or guidelines for the specific transaction type to ensure that all required fields, including the guarantor, are filled out correctly.
  Consult with IT or SAP Support: If the issue persists after checking the above points, it may be beneficial to consult with your IT department or SAP support team for further assistance. They can help diagnose any underlying issues or configuration problems.
  
  Related Information:
  
  Collateral Management: Understanding how collateral management works in SAP can help in troubleshooting this error. Familiarize yourself with the relevant processes and requirements for personal collateral provisions.
  User Roles and Authorizations: Ensure that the user role has the necessary authorizations to enter or modify guarantor information.
  SAP Notes and Documentation: Check SAP Notes for any known issues or patches related to this error message. SAP's support portal may have additional resources or updates that can assist in resolving the issue.
  
  By addressing the missing guarantor information and ensuring proper configuration, you should be able to resolve the KLSI055 error in SAP.