How To Fix FTI_LDB_MESSAGE038 - Enter a valuation method


SAP Error Message - Details

  • Message type: E = Error

  • Message class: FTI_LDB_MESSAGE - Messages for TR OLTP Reporting Using Logical Databases

  • Message number: 038

  • Message text: Enter a valuation method

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  • Self-Explanatory Message

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    To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

  • What is the cause and solution for SAP error message FTI_LDB_MESSAGE038 - Enter a valuation method ?

    The SAP error message FTI_LDB_MESSAGE038 indicates that a valuation method has not been entered in the system where it is required. This error typically occurs in the context of financial transactions, particularly in the areas of asset accounting or inventory valuation.

    Cause:

    The error is triggered when a user attempts to execute a transaction or process that requires a valuation method, but the system does not have this information. This can happen due to:

    1. Missing Configuration: The valuation method may not be defined in the system for the relevant transaction or master data.
    2. Incomplete Master Data: The master data for the asset or inventory item may not have the valuation method specified.
    3. User Input Error: The user may have overlooked entering the valuation method in the transaction screen.

    Solution:

    To resolve this error, you can take the following steps:

    1. Check Configuration:

      • Ensure that the valuation method is defined in the system. This can be done by navigating to the relevant configuration settings in SAP.
      • For asset accounting, check the configuration under Financial Accounting (FI) > Asset Accounting > Valuation > Define Valuation Methods.
    2. Review Master Data:

      • Go to the master data of the asset or inventory item that is causing the error.
      • Ensure that the valuation method is specified correctly. You can do this by checking the asset master record or material master record.
    3. Input Valuation Method:

      • If you are in a transaction that requires a valuation method, make sure to enter it in the appropriate field before proceeding.
    4. Consult Documentation:

      • If you are unsure about which valuation method to use, refer to your organization's financial policies or consult with a financial expert within your organization.
    5. User Training:

      • If this error is common among users, consider providing training or documentation on how to properly enter valuation methods in relevant transactions.

    Related Information:

    • Valuation Methods: These are rules that determine how the value of an asset or inventory is calculated. Common methods include FIFO (First In, First Out), LIFO (Last In, First Out), and Weighted Average.
    • Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with asset accounting and inventory management, such as AS01 (Create Asset), AS02 (Change Asset), and MM01 (Create Material).
    • SAP Notes: Check SAP Notes for any known issues or updates related to this error message, as there may be patches or updates that address specific scenarios.

    By following these steps, you should be able to resolve the error message FTI_LDB_MESSAGE038 and ensure that the valuation method is correctly entered in your SAP system.

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