How To Fix FINS_ACDOC_CUST241 - Valuation area &1 requires a method of type "always valuate"

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 241

• Message text: Valuation area &1 requires a method of type "always valuate"

What causes this issue?

You have defined a valuation area for use as an inception run.

System Response

Error, since the valuation method used is not of the type "always
remeasure".

How to fix this error?

If you want to set up a valuation area for an inception run, you need to
use a valuation method with the type "always remeasure". An inception
run is used to create initial values for non-realtime currencies.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_CUST241 - Valuation area &1 requires a method of type "always valuate" ?

  The SAP error message FINS_ACDOC_CUST241 indicates that there is a configuration issue related to the valuation area in the context of Asset Accounting (FI-AA) or Financial Accounting. Specifically, it states that the valuation area requires a method of type "always valuate," but it is not properly configured.
  Cause:
  This error typically arises due to one of the following reasons:
  
  
  Valuation Method Configuration: The valuation method for the specified valuation area is not set to "always valuate." This means that the system expects a valuation method that always applies to the assets in that area, but it is either missing or incorrectly configured.
  
  
  Missing Customizing Settings: The necessary customizing settings for the valuation area may not have been maintained in the system.
  
  
  Inconsistent Data: There may be inconsistencies in the configuration data related to asset valuation, such as missing entries in the configuration tables.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Valuation Area Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Valuation > Define Valuation Areas.
  Ensure that the valuation area in question is correctly defined and that the valuation method is set to "always valuate."
  
  
  
  Define Valuation Methods:
  
  In the same area of the SPRO, check the configuration for valuation methods.
  Ensure that the valuation method assigned to the valuation area is of type "always valuate." If it is not, you may need to create or modify the valuation method accordingly.
  
  
  
  Review Asset Classes:
  
  Check the asset classes associated with the valuation area to ensure they are correctly configured to use the appropriate valuation method.
  
  
  
  Check for Missing Entries:
  
  Verify that all necessary entries in the configuration tables are present and correctly set up.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration settings, refer to SAP documentation or consult with your SAP functional consultant for guidance.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAYZ (for defining valuation areas) and OAYB (for defining valuation methods) to access the relevant configuration screens directly.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  Support: If the issue persists after checking the configuration, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to resolve the error message FINS_ACDOC_CUST241 and ensure that your valuation area is correctly configured for asset valuation.