How To Fix GJ370 - JVA cannot be activated when BF 'FAA_PARALLEL_VALUATION' is active

GJ370 - Overview

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 370

• Message text: JVA cannot be activated when BF 'FAA_PARALLEL_VALUATION' is active

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GJ370 - JVA cannot be activated when BF 'FAA_PARALLEL_VALUATION' is active ?

  The SAP error message GJ370, which states "JVA cannot be activated when BF 'FAA_PARALLEL_VALUATION' is active," typically occurs in the context of Joint Venture Accounting (JVA) when there is a conflict with the configuration settings related to parallel valuation in Fixed Asset Accounting (FAA).
  
  Cause:
  The error arises because the system is configured to use parallel valuation for fixed assets, but the Joint Venture Accounting (JVA) functionality is not compatible with this setting. When the Business Function (BF) 'FAA_PARALLEL_VALUATION' is active, it indicates that the system is set up to handle multiple valuations for fixed assets, which can lead to inconsistencies or conflicts when trying to activate JVA.
  
  Solution:
  To resolve this issue, you have a couple of options:
  
  
  Deactivate Parallel Valuation: If JVA is a priority and you do not require parallel valuation for fixed assets, you can consider deactivating the 'FAA_PARALLEL_VALUATION' business function. This would allow you to activate JVA without encountering the