How To Fix IS534 - Equipment &1: Valuation for class &2 cannot be read

SAP Error Message - Details

• Message type: E = Error

• Message class: IS - Equipment management

• Message number: 534

• Message text: Equipment &1: Valuation for class &2 cannot be read

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message IS534 - Equipment &1: Valuation for class &2 cannot be read ?

  The SAP error message IS534 indicates that the system is unable to read the valuation for a specific equipment class. This typically occurs in the context of Asset Accounting or Plant Maintenance when the system tries to access valuation data for an equipment item that is not properly configured or does not exist in the system.
  Cause:
  
  Missing Valuation Data: The valuation data for the specified equipment class may not have been maintained in the system.
  Incorrect Configuration: The equipment class may not be correctly configured in the system, leading to issues when trying to access its valuation.
  Authorization Issues: The user may not have the necessary authorizations to view or access the valuation data for the specified equipment class.
  Data Inconsistencies: There may be inconsistencies or errors in the master data related to the equipment or its class.
  
  Solution:
  
  
  Check Equipment Class Configuration:
  
  Go to the transaction code OIK2 (for Equipment Class) and verify that the equipment class is correctly configured.
  Ensure that the valuation data is maintained for the equipment class in question.
  
  
  
  Maintain Valuation Data:
  
  If the valuation data is missing, you can maintain it using the transaction code OIK1 (Create Equipment Class) or OIK3 (Change Equipment Class).
  Ensure that all necessary fields are filled out correctly.
  
  
  
  Check Master Data:
  
  Verify the master data for the equipment in question using transaction code IE03 (Display Equipment).
  Ensure that the equipment is assigned to the correct class and that all required fields are populated.
  
  
  
  Authorization Check:
  
  Ensure that the user has the necessary authorizations to access the equipment class and its valuation data. This may involve checking user roles and authorizations in transaction SU01.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error message. You can search for notes in the SAP Support Portal.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP Support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  IE03: Display Equipment
  OIK1: Create Equipment Class
  OIK2: Change Equipment Class
  OIK3: Display Equipment Class
  
  
  SAP Documentation: Refer to the SAP Help Portal for detailed documentation on Equipment Management and Asset Accounting.
  User Forums: Check SAP Community forums for discussions related to similar issues, as other users may have encountered and resolved the same error.
  
  By following these steps, you should be able to identify and resolve the cause of the IS534 error message in SAP.