How To Fix FC362 - The valuation is not allowed to be changed in a live system.

SAP Error Message - Details

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 362

• Message text: The valuation is not allowed to be changed in a live system.

What causes this issue?

You want to activate cost-of-sales accounting for company code &V1&.
However, FM areas are assigned to the company code and the functional
area was activated in Funds Management.
The system does not support this combination of functional area and
cost-of-sales accounting.

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?

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 FC362 - The valuation is not allowed to be changed in a live system. ?

  The SAP error message FC362, "The valuation is not allowed to be changed in a live system," typically occurs when there is an attempt to change the valuation method or valuation parameters for an asset in a live (production) environment. This is a safeguard in SAP to prevent unintended changes that could affect financial reporting and asset management.
  Cause:
  
  Live System Restrictions: In a live system, certain configurations and settings are locked to maintain data integrity and compliance with accounting standards.
  Valuation Method Change: Attempting to change the valuation method (e.g., from historical cost to fair value) for an asset that has already been posted can trigger this error.
  Asset Already in Use: If the asset has transactions (e.g., acquisitions, retirements, or depreciation) posted against it, changing its valuation is not permitted.
  
  Solution:
  
  Review Asset Status: Check if the asset has any transactions posted. If it does, you may need to create a new asset with the desired valuation method instead of changing the existing one.
  Use a Test Environment: If you need to test changes to valuation methods, consider doing so in a development or quality assurance (QA) environment before applying changes to the live system.
  Consult with Finance Team: Discuss with your finance or accounting team to understand the implications of changing the valuation method and to explore alternative solutions.
  SAP Notes and Documentation: Check SAP Notes for any specific guidance or updates related to this error. Sometimes, SAP provides patches or notes that can help resolve specific issues.
  Custom Development: If necessary, consider custom development or enhancements, but this should be approached with caution and typically requires approval from relevant stakeholders.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS02 (Change Asset), AS03 (Display Asset), and AS01 (Create Asset) to manage asset data.
  Configuration Settings: Review the configuration settings in the Asset Accounting (FI-AA) module to understand how valuation methods are set up and the implications of changing them.
  Documentation: Refer to SAP documentation or user manuals for Asset Accounting to understand the rules and restrictions regarding asset valuation changes.
  
  If the issue persists or if you need further assistance, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored guidance based on your specific system configuration and business processes.