How To Fix FINS_FI_CLS710 - Deactivation of advanced valuation for &1 not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_FI_CLS - Messages used for the impairments and FXs

• Message number: 710

• Message text: Deactivation of advanced valuation for &1 not possible

What causes this issue?

You have tried to deactivate advanced valuation for the accounting
principle &V1&. For this accounting principle you have already executed
valuation runs. This is why you cannot deactivate it.

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?

For more information, please refer to the documentation of the step
Activate Advanced Valuation. You find it in the business configuration
under Finance --> General Ledger --> Ledgers and Valuations --> Activate
Advanced Valuation.
ELSE
For more information, please refer to the documentation of the activity
<DS:SIMG.FINSVC_VAL_ACT>Activate Advanced Valuation</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_FI_CLS710 - Deactivation of advanced valuation for &1 not possible ?

  The SAP error message FINS_FI_CLS710 indicates that the deactivation of advanced valuation for a specific object (represented by &1) is not possible. This typically occurs in the context of financial accounting and valuation processes within SAP, particularly when dealing with advanced valuation methods in the Financial Accounting (FI) module.
  Cause:
  The error can arise due to several reasons, including:
  
  
  Dependencies on Other Processes: The advanced valuation might be linked to other processes or configurations that prevent its deactivation. For example, if there are open transactions or postings that rely on the advanced valuation, the system will not allow deactivation.
  
  
  Configuration Settings: There may be specific configuration settings in the system that are preventing the deactivation. This could include settings in the valuation area or related financial settings.
  
  
  Data Integrity Issues: If there are inconsistencies or issues with the data related to the advanced valuation, the system may block the deactivation to maintain data integrity.
  
  
  User Authorizations: The user attempting to deactivate the advanced valuation may not have the necessary authorizations to perform this action.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Open Transactions: Review any open transactions or postings that may be using the advanced valuation. Ensure that all relevant transactions are completed or reversed before attempting to deactivate.
  
  
  Review Configuration: Check the configuration settings related to the advanced valuation. Ensure that there are no dependencies or settings that would prevent deactivation.
  
  
  Data Consistency Check: Perform a data consistency check to identify any issues that may be causing the error. This may involve running specific reports or transactions in SAP to identify inconsistencies.
  
  
  User Authorizations: Verify that the user has the necessary authorizations to deactivate the advanced valuation. If not, consult with your SAP security team to obtain the required permissions.
  
  
  Consult Documentation: Refer to SAP documentation or notes related to the specific error message for additional guidance and troubleshooting steps.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights based on the specific configuration and version of your SAP system.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (for posting periods) or OBY6 (for financial accounting settings) that may help in troubleshooting.
  SAP Notes: Search for SAP Notes related to the error message FINS_FI_CLS710 in the SAP Support Portal for any known issues or patches.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing additional insights or solutions.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to deactivate the advanced valuation successfully.