How To Fix T4321 - Collateral: Check product category for ID Number &1

T4321 - Overview

• Message type: E = Error

• Message class: T4 - Time deposit processing

• Message number: 321

• Message text: Collateral: Check product category for ID Number &1

What causes this issue?

The product category for the entered security is not supported by
Fiduciary Deposits.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

The securities of the following Product Categories can be used as
Collateral for Fiduciary Deposits:
Bond (Product Category 040)
Bond with Repayment Schedule (Product Category 041),
Warrant Bond (Product Category 060) and
Convertible Bond (Product Category 070)
In the F4 help the above Product Categories can be entered.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T4321 - Collateral: Check product category for ID Number &1 ?

  The SAP error message T4321, which states "Collateral: Check product category for ID Number &1," typically occurs in the context of managing collateral in SAP's Financial Services or Banking modules. This error indicates that there is an issue with the product category associated with a specific ID number (e.g., a collateral item or financial product).
  
  Cause:
  
  Invalid Product Category: The product category associated with the collateral ID number may not be defined or may not be valid in the system.
  
  Configuration Issues: There may be configuration issues in the collateral management settings, such as missing or incorrect settings for product categories.
  Data Inconsistencies: There could be inconsistencies in the master data related to the collateral or the product category.
  Authorization Issues: The user may not have the necessary authorizations to access or modify the product category.
  
  
  Solution:
  
  
  Check Product Category Configuration:
  
  Navigate to the configuration settings for collateral management in SAP.
  Verify that the product category for the specified