How To Fix /IBX/BL_ASSIGN118 - The contract has an open valuation for another key date

SAP Error Message - Details

• Message type: E = Error

• Message class: /IBX/BL_ASSIGN -

• Message number: 118

• Message text: The contract has an open valuation for another key date

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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 /IBX/BL_ASSIGN118 - The contract has an open valuation for another key date ?

  The SAP error message /IBX/BL_ASSIGN118 indicates that there is an open valuation for a contract on a different key date, which prevents the system from processing the current transaction. This typically occurs in the context of contract management or valuation processes within SAP, particularly in modules related to leasing or asset management.
  
  Cause:
  
  
  Open Valuation: The primary cause of this error is that there is an existing open valuation for the contract on a key date that conflicts with the date you are trying to process. This can happen if:
  
  A valuation has been performed for a different date that overlaps with the current date.
  The contract is still in a state where it has not been fully processed or closed for the previous valuation.
  
  
  
  Data Entry Errors: Sometimes, the error can arise from incorrect data entry, such as entering a key date that is not valid or does not correspond to the expected valuation