How To Fix FTVV_MESSAGES522 - Warning, object value is larger than market value

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 522

• Message text: Warning, object value is larger than market value

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES522 - Warning, object value is larger than market value ?

  The SAP error message FTVV_MESSAGES522 indicates that there is a discrepancy between the object value and the market value in the context of asset accounting or financial transactions. This warning typically arises when the value of an asset or financial object exceeds its market value, which can lead to potential issues in financial reporting and asset management.
  Cause:
  
  Valuation Discrepancy: The object value (which could be the book value or carrying amount of an asset) is higher than the market value (the price at which the asset could be sold in the market).
  Incorrect Data Entry: There may be incorrect or outdated data entered into the system regarding the asset's value.
  Market Fluctuations: Changes in market conditions can lead to a decrease in the market value of an asset, while the object value remains unchanged.
  Depreciation Issues: If depreciation is not applied correctly, the object value may not reflect the current market conditions.
  
  Solution:
  
  Review Asset Valuation: Check the asset's valuation in the system. Compare the object value with the current market value and determine if adjustments are necessary.
  Update Asset Values: If the market value has changed, update the asset's value in the system to reflect the current market conditions.
  Check for Data Entry Errors: Verify that all data related to the asset has been entered correctly. Correct any discrepancies found.
  Depreciation Review: Ensure that depreciation is being applied correctly and that it reflects the asset's current value.
  Consult with Financial Analysts: If necessary, consult with financial analysts or asset management teams to assess the situation and determine the best course of action.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as AS02 (Change Asset), AS03 (Display Asset), or AW01N (Asset Explorer) to review and update asset information.
  Documentation: Refer to SAP documentation or help files for detailed instructions on asset valuation and management.
  SAP Notes: Check for any relevant SAP Notes that may address this specific warning or provide additional guidance on handling valuation discrepancies.
  
  By addressing the underlying causes of the warning and taking corrective actions, you can resolve the issue and ensure that asset values are accurately reflected in your financial reporting.