How To Fix OIURV146 - Valuation Formula must be approved

SAP Error Message - Details

• Message type: E = Error

• Message class: OIURV - E&P Revenue Messages

• Message number: 146

• Message text: Valuation Formula must be approved

What causes this issue?

Valuation formula must be approved before the Valuation Cross
Reference can itself be approved for the effective dated relationship

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Use the Valuation Formula transaction or the Valuation Formula List
Processing transaction to check on the approval status for the
effective dated Formula being used in this VCR relationship
<DS:TRAN.O3U_VLFR3>Valuation Formula</>
<DS:TRAN.O3U_VLFR9>Valuation Formula List Processing</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message OIURV146 - Valuation Formula must be approved ?

  The SAP error message OIURV146, which states "Valuation Formula must be approved," typically occurs in the context of the SAP Oil and Gas module, particularly when dealing with valuation formulas for products or services. This error indicates that the valuation formula you are trying to use has not been approved and therefore cannot be processed.
  Cause:
  
  
  Unapproved Valuation Formula: The primary cause of this error is that the valuation formula you are attempting to use has not been approved in the system. In SAP, certain configurations, including valuation formulas, require an approval process to ensure they meet business standards and compliance.
  
  
  Missing Authorization: Sometimes, the user may not have the necessary authorization to access or approve the valuation formula.
  
  
  Configuration Issues: There may be issues with the configuration settings in the SAP system that prevent the valuation formula from being recognized as approved.
  
  
  Solution:
  
  
  Approval Process:
  
  Navigate to the relevant transaction in SAP where valuation formulas are managed (e.g., transaction code OIURV).
  Check the status of the valuation formula in question. If it is not approved, follow the necessary steps to submit it for approval.
  Ensure that the formula meets all required criteria and standards before submitting it for approval.
  
  
  
  Check User Authorizations:
  
  Verify that you have the necessary authorizations to view and approve valuation formulas. If not, contact your SAP security administrator to request the appropriate access.
  
  
  
  Consult Documentation:
  
  Review the documentation or guidelines related to the approval process for valuation formulas in your organization. This may provide insights into any specific steps or requirements that need to be followed.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue through the above steps, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OIURV (for managing valuation formulas) and others that may be related to the Oil and Gas module.
  SAP Notes: Check for any SAP Notes related to this error message. SAP frequently releases notes that provide fixes or additional information regarding specific error messages.
  Training and Documentation: Ensure that users involved in the approval process are adequately trained and have access to the necessary documentation to understand the valuation formula approval workflow.
  
  By following these steps, you should be able to address the OIURV146 error and ensure that your valuation formulas are properly approved for use in the SAP system.