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

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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 periods.
  
  
  System Configuration: There may be configuration settings in the SAP system that dictate how valuations are handled, which could lead to conflicts if not set up correctly.
  
  
  Solution:
  
  
  Check Open Valuations: Review the contract in question to identify any open valuations. You can do this by:
  
  Navigating to the contract management or valuation transaction in SAP.
  Checking the valuation history or logs to see if there are any entries for the key date you are trying to process.
  
  
  
  Close or Adjust Valuations: If you find an open valuation that is causing the conflict:
  
  You may need to close the open valuation if it is no longer needed.
  Alternatively, adjust the key date of your current transaction to a date that does not conflict with existing valuations.
  
  
  
  Consult Documentation: Refer to the SAP documentation or help resources specific to your version of SAP for detailed steps on how to manage valuations and contracts.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific configuration and business processes.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as IW33 (Display Order), IW32 (Change Order), or any specific transaction related to contract management in your SAP environment.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Roles and Permissions: Ensure that you have the necessary permissions to view and modify valuations and contracts, as restrictions could also lead to errors.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.