How To Fix K-708 - No data maintained for valuation procedure &1 for collateral

SAP Error Message - Details

• Message type: E = Error

• Message class: K- -

• Message number: 708

• Message text: No data maintained for valuation procedure &1 for collateral

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 K-708 - No data maintained for valuation procedure &1 for collateral ?

  The SAP error message K-708 "No data maintained for valuation procedure &1 for collateral" typically occurs in the context of financial transactions involving collateral management. This error indicates that the system cannot find the necessary configuration for the specified valuation procedure in relation to collateral.
  Cause:
  
  Missing Configuration: The valuation procedure specified in the error message (&1) has not been defined or maintained in the system.
  Incorrect Valuation Procedure: The valuation procedure being referenced may not be applicable or may have been incorrectly assigned to the collateral.
  Data Inconsistency: There may be inconsistencies in the data related to the valuation procedure or collateral management settings.
  
  Solution:
  
  
  Maintain Valuation Procedure:
  
  Go to the relevant configuration settings in SAP (usually in the SPRO transaction).
  Navigate to the section for Financial Accounting (FI) or Controlling (CO) where valuation procedures are defined.
  Ensure that the valuation procedure specified in the error message is properly maintained with all necessary parameters.
  
  
  
  Check Assignment:
  
  Verify that the valuation procedure is correctly assigned to the relevant collateral types or financial instruments.
  Ensure that the collateral management settings are correctly configured to use the specified valuation procedure.
  
  
  
  Review Documentation:
  
  Consult SAP documentation or help resources to understand the specific requirements for the valuation procedure and collateral management.
  Check if there are any prerequisites or dependencies that need to be fulfilled.
  
  
  
  Testing:
  
  After making the necessary changes, perform tests to ensure that the error no longer occurs and that the collateral valuation works as expected.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with transaction codes related to collateral management and valuation procedures, such as:
  
  SPRO (for configuration)
  FBL1N, FBL3N (for displaying line items)
  
  
  
  Documentation: Review SAP Help Portal or SAP Community for additional insights and user experiences related to this error.
  
  
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  By addressing the configuration and ensuring that all necessary data is maintained, you should be able to resolve the K-708 error effectively.