How To Fix VAL006 - Reset is not allowed for amortization procedure &1

VAL006 - Overview

• Message type: E = Error

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

• Message number: 006

• Message text: Reset is not allowed for amortization procedure &1

What causes this issue?

Resetting the valuation is not possible in amortization procedure &V1&
because the Issue Spread component is amortized.

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?

Reverse the selection in field 'Reset is possible' in 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 VAL006 - Reset is not allowed for amortization procedure &1 ?

  The SAP error message VAL006 ("Reset is not allowed for amortization procedure &1") typically occurs in the context of asset accounting when you attempt to reset an asset's amortization or depreciation that is governed by a specific amortization procedure. This error indicates that the reset operation is not permitted for the specified amortization procedure.
  
  Cause:
  
  Amortization Procedure Restrictions: The amortization procedure defined for the asset may have specific settings that prevent resetting. For example, certain procedures may not allow for resets due to regulatory or business rules.
  Asset Status: The asset may be in a status that does not allow for resets, such as being in a closed fiscal year or having been fully depreciated.
  Configuration Settings: The configuration of the asset accounting module may restrict certain operations based on the settings defined in the system.
  
  
  Solution:
  
  Check Amortization Procedure: Review the amortization procedure assigned to the asset. You can do this by navigating to the