How To Fix FR654 - Choose 'Year-End Valuation' or 'Mid-Year Valuation' &1

FR654 - Overview

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 654

• Message text: Choose 'Year-End Valuation' or 'Mid-Year Valuation' &1

INCLUDE FR651 OBJECT DOKU ID NA

Error message extract from SAP system. Copyright SAP SE.

FR654 - Details

• The SAP error message FR654 typically occurs in the context of financial accounting, particularly when dealing with asset accounting (FI-AA). This error indicates that the system requires you to specify whether you want to perform a "Year-End Valuation" or a "Mid-Year Valuation" for an asset.
  
  Cause:
  The error arises when a user attempts to execute a transaction or report that requires a valuation type to be specified, but the system does not have this information. This can happen in various scenarios, such as:
  
  When running a report that requires asset valuation.
  When performing year-end closing activities.
  When executing a transaction that involves asset depreciation or revaluation.
  
  
  Solution:
  To resolve the FR654 error, you need to specify the valuation type as required by the system. Here are the steps you can take:
  
  
  Identify the Transaction: Determine which transaction or report you are trying to execute when the error occurs.
  
  
  Specify Valuation Type:
  
  If you are prompted to choose between "Year-End Valuation"