How To Fix RECEPR031 - Opening balance for asset &1 &2 after new valuation

SAP Error Message - Details

• Message type: E = Error

• Message class: RECEPR - Messages for Contract Valuation

• Message number: 031

• Message text: Opening balance for asset &1 &2 after new valuation

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RECEPR031 - Opening balance for asset &1 &2 after new valuation ?

  The SAP error message RECEPR031 typically occurs in the context of asset accounting when there is an issue with the opening balance of an asset after a new valuation has been performed. This error can arise due to various reasons, and understanding the cause and potential solutions is essential for resolving it.
  
  Cause:
  
  Inconsistent Data: The opening balance for the asset may not be consistent with the new valuation data. This can happen if there are discrepancies in the asset master data or if the valuation method has changed.
  Missing or Incorrect Valuation: If the asset has not been properly valued or if the valuation method does not align with the asset's characteristics, this error can occur.
  Posting Period Issues: The posting period for the new valuation may not be open, or there may be restrictions on posting to that period.
  
  Configuration Issues: Incorrect configuration in the asset accounting settings, such as the valuation area