How To Fix VAL004 - Amortization procedure &1 is inconsistent (see long text)

VAL004 - Overview

• Message type: E = Error

• Message class: VAL - Treasury: Messages for General Valuation

• Message number: 004

• Message text: Amortization procedure &1 is inconsistent (see long text)

What causes this issue?

The combination 'Other Components' and 'Gross/Net Indicator' is not a
logical combination in amortization procedure &V1&.

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

System Response

Processing is terminated.

How to fix this error?

Correct the settings for amortization procedure &V1&.

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 VAL004 - Amortization procedure &1 is inconsistent (see long text) ?

  The SAP error message VAL004 indicates that there is an inconsistency in the amortization procedure specified in the system. This error typically arises in the context of asset accounting, particularly when dealing with the configuration of amortization methods for fixed assets.
  
  Cause:
  The inconsistency can be caused by several factors, including:
  
  
  Incorrect Configuration: The amortization procedure may not be properly configured in the system. This could involve missing or incorrect settings in the Customizing for Asset Accounting.
  
  
  Missing Master Data: The asset master data may not be correctly set up, leading to inconsistencies with the assigned amortization procedure.
  
  
  Incompatible Settings: The settings for the amortization procedure may not align with the requirements of the asset class or the specific asset.
  
  
  Changes in Configuration: If there have been recent changes to the amortization procedures or asset classes, it may lead to inconsistencies if not all related settings have been updated accordingly.
  
  
  
  Solution:
  To resolve the VAL004 error, you can