How To Fix FR526 - Valuation method &1 with time-dependent attributes for open items

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 526

• Message text: Valuation method &1 with time-dependent attributes for open items

What causes this issue?

The foreign currency valuation for open items used the valuation method
&V1&. The settings of this valuation method contain time-dependent
attributes that are relevant as of the valuation key date &V2&.

System Response

When valuating the open items according to the remaining term, the
system may use different valuation approaches (for example, valuation
method or exchange rate type).

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

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 FR526 - Valuation method &1 with time-dependent attributes for open items ?

  The SAP error message FR526 indicates that there is an issue with the valuation method used for open items in the context of time-dependent attributes. This error typically arises in the Financial Accounting (FI) module when there are inconsistencies or misconfigurations related to the valuation methods assigned to certain financial transactions.
  Cause:
  
  Inconsistent Valuation Method: The valuation method specified for the open item may not be compatible with the time-dependent attributes defined in the system.
  Configuration Issues: There may be a misconfiguration in the settings for the valuation method in the Financial Accounting configuration.
  Open Items: The error can occur if there are open items that have been assigned a valuation method that does not support time-dependent attributes.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies in how valuation methods were defined or applied.
  
  Solution:
  
  
  Check Valuation Method Configuration:
  
  Go to the configuration settings in SAP (Transaction SPRO).
  Navigate to Financial Accounting (FI) -> General Ledger Accounting -> Valuation -> Define Valuation Methods.
  Ensure that the valuation method assigned to the open items is correctly configured and supports time-dependent attributes.
  
  
  
  Review Open Items:
  
  Use transaction codes like FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display) to review the open items.
  Check if the valuation method assigned to these items is appropriate and consistent with the configuration.
  
  
  
  Adjust Time-Dependent Attributes:
  
  If the valuation method is correct, check the time-dependent attributes associated with the open items.
  Ensure that these attributes are set up correctly and are compatible with the valuation method.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the FR526 error message for any specific guidance or updates that may apply to your version of SAP.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and open items, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), FBL1N, FBL3N, and others that may help in diagnosing the issue.
  SAP Notes: Search for SAP Notes related to FR526 for any patches or updates that may address the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to identify the root cause of the FR526 error and implement the necessary corrections to resolve it.