How To Fix AW650 - Not possible to settle foreign currency valuation to asset

SAP Error Message - Details

• Message type: E = Error

• Message class: AW - AuC messages

• Message number: 650

• Message text: Not possible to settle foreign currency valuation to asset

What causes this issue?

Ony Release 2.2, problem note 26887

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AW650 - Not possible to settle foreign currency valuation to asset ?

  The SAP error message AW650 ("Not possible to settle foreign currency valuation to asset") typically occurs in the context of asset accounting when there is an issue with the foreign currency valuation process for fixed assets. This error can arise due to several reasons, and understanding the cause is essential for finding a solution.
  Causes of Error AW650
  
  
  Currency Settings: The asset may be set up with a currency that does not match the company code currency or the transaction currency. This can lead to issues during the valuation process.
  
  
  Valuation Areas: The valuation area for the asset may not be correctly configured. If the valuation area does not allow for foreign currency valuation, this error can occur.
  
  
  Missing Configuration: The configuration for foreign currency valuation in the asset accounting module may not be set up correctly. This includes settings in the asset class or the valuation method.
  
  
  Open Transactions: There may be open transactions or postings that prevent the foreign currency valuation from being settled to the asset.
  
  
  Period Lock: The posting period may be locked, preventing any further postings or valuations from being processed.
  
  
  Solutions to Error AW650
  
  
  Check Currency Settings: Verify that the asset is set up with the correct currency. Ensure that the asset currency matches the company code currency or that the necessary currency settings are in place.
  
  
  Review Valuation Areas: Ensure that the valuation area for the asset allows for foreign currency valuation. You can check this in the asset master record.
  
  
  Configuration Review: Review the configuration settings for foreign currency valuation in the asset accounting module. Ensure that the asset class and valuation method are correctly set up to allow for foreign currency valuation.
  
  
  Clear Open Transactions: Check for any open transactions related to the asset that may be preventing the valuation from being settled. Resolve any discrepancies or clear any open items.
  
  
  Check Posting Periods: Ensure that the posting period is open for the transactions you are trying to process. If the period is closed, you may need to open it or post in a different period.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific configuration steps related to foreign currency valuation in asset accounting.
  
  
  Related Information
  
  Transaction Codes: You may use transaction codes like AS03 (Display Asset), AS02 (Change Asset), or OAYZ (Define Valuation Areas) to check and modify asset settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in asset accounting.
  
  By following these steps, you should be able to identify the cause of the AW650 error and implement the necessary solutions to resolve it.