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

FR526 - Overview

• 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.

FR526 - Details

• 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