Under ASS regulations, CRR must be controlled by Credit level.

What causes this issue?

You want to create a PAP document for a company with ASS regulations
activated, but CRR balances are not managed by Credit level.

System Response

Under ASS regulations, CRR balances can only be handled by Credit level.
You cannot create a PAP document if the corresponding option for
handling of CRR by Credit level is not set to "YES" in "PAP options"
table <EX>PFM_12TPAP_OP</>.

How to fix this error?

Set option <LS>CRR by Credit level </>to <LB>YES</> for the company code
subject to ASS regulations in the IMG activity
<DS:SIMG.PFM_EXP_06>Define Use of Treasury</> or by editing view
<EX>PFM_12TPAP_OP</><SE> </>in transaction Edit Table Views (SM30)

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.