How To Fix VAL005 - Amortization procedure &1 is inconsistent (see long text)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 005

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

What causes this issue?

The combination of 'Calculation Category' and 'Other Components' 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 VAL005 - Amortization procedure &1 is inconsistent (see long text) ?

  The SAP error message VAL005 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 have the required information or may be incomplete, leading to inconsistencies when trying to process amortization.
  
  
  Incompatible Settings: The settings for the amortization procedure may not be compatible with the asset type or the specific asset being processed.
  
  
  Changes in Configuration: If there have been recent changes to the amortization procedures or related settings, it may lead to inconsistencies if not properly updated across all relevant areas.
  
  
  Solution:
  To resolve the VAL005 error, you can follow these steps:
  
  
  Check Amortization Procedure Configuration:
  
  Go to the Customizing settings for Asset Accounting (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Amortization > Define Amortization Procedures.
  Verify that the amortization procedure specified is correctly configured and that all required parameters are set.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for the asset in question (Transaction code: AS03).
  Ensure that all necessary fields are filled out correctly, including the assigned amortization procedure.
  
  
  
  Validate Compatibility:
  
  Ensure that the amortization procedure is compatible with the asset type and any other relevant settings.
  
  
  
  Check for Recent Changes:
  
  If there have been recent changes to the configuration, ensure that all related settings have been updated accordingly.
  
  
  
  Consult Documentation:
  
  Review the long text of the error message for additional details that may provide specific guidance on what is inconsistent.
  
  
  
  Testing:
  
  After making the necessary adjustments, test the amortization process again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset master data.
  SAP Notes: Check SAP Notes for any known issues or patches related to the VAL005 error.
  User Manuals: Refer to SAP documentation or user manuals for detailed guidance on asset accounting and amortization procedures.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Asset Accounting for further assistance.