How To Fix FINS_CLS_FX_RUN805 - No foreign currency valuation rule is assigned to accounting principle &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_CLS_FX_RUN -

• Message number: 805

• Message text: No foreign currency valuation rule is assigned to accounting principle &1

What causes this issue?

The settings necessary to carry out the advanced foreign currency
valuation are missing.

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?

To carry out the advanced foreign currency valuation make the the
settings listed for the report <DS:RE.FINS_CLS_FX_RUN>Run Advanced
Currency Valuation</>.

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 FINS_CLS_FX_RUN805 - No foreign currency valuation rule is assigned to accounting principle &1 ?

  The SAP error message FINS_CLS_FX_RUN805 indicates that there is no foreign currency valuation rule assigned to the specified accounting principle. This error typically occurs during the foreign currency valuation process in SAP, particularly when you are trying to execute a valuation run for a company code that uses a specific accounting principle.
  Cause:
  The primary cause of this error is that the system cannot find a foreign currency valuation rule associated with the accounting principle you are using. This can happen due to:
  
  Missing Configuration: The foreign currency valuation rules have not been defined or assigned to the accounting principle in the system.
  Incorrect Accounting Principle: The accounting principle being used may not be set up correctly or may not have the necessary valuation rules assigned.
  Changes in Configuration: Recent changes in the configuration might have led to the removal or alteration of the valuation rules.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Valuation > Foreign Currency Valuation > Define Valuation Methods.
  Ensure that the foreign currency valuation rules are defined and assigned to the relevant accounting principles.
  
  
  
  Assign Valuation Rules:
  
  If the valuation rules are missing, you will need to create or assign the appropriate foreign currency valuation rules to the accounting principle in question.
  Make sure that the valuation method is correctly linked to the accounting principle you are using.
  
  
  
  Check Accounting Principle:
  
  Verify that the accounting principle you are using is correct and that it is set up to allow for foreign currency valuation.
  You can check this in the configuration settings for the accounting principles.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test run of the foreign currency valuation to ensure that the error does not occur again.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to the SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as OB22 (for defining accounting principles) and OB08 (for defining exchange rates) to check and modify the relevant settings.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance on foreign currency valuation configuration.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the error message FINS_CLS_FX_RUN805 and successfully perform foreign currency valuations in SAP.