How To Fix VAL009 - No security price type is defined for security valuation procedure &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 009

• Message text: No security price type is defined for security valuation procedure &1

What causes this issue?

You want to use security valuation procedure &V1& to value a securities
position. However, for the system to be able to determine a market
price a security price type has to be specified.

System Response

The activity is terminated.

How to fix this error?

Store a security price type in security valuation procedure &V1&.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VAL009 - No security price type is defined for security valuation procedure &1 ?

  The SAP error message VAL009 indicates that there is no security price type defined for the specified security valuation procedure. This error typically occurs in the context of financial accounting and asset management when trying to perform a valuation of securities.
  Cause:
  The error arises when the system attempts to perform a valuation for a security, but it cannot find a defined price type for the valuation procedure associated with that security. This can happen due to several reasons:
  
  Missing Configuration: The valuation procedure for the security may not have been properly configured in the system.
  Incorrect Assignment: The security may not be correctly assigned to a valuation procedure that has a defined price type.
  Price Type Not Defined: The specific price type required for the valuation procedure may not have been defined in the system.
  
  Solution:
  To resolve the VAL009 error, you can follow these steps:
  
  
  Check Valuation Procedure:
  
  Go to the transaction code OAVC (or the relevant configuration transaction) to check the valuation procedures.
  Ensure that the valuation procedure associated with the security is correctly defined.
  
  
  
  Define Price Type:
  
  Navigate to the configuration settings for security valuation (transaction code OAVC).
  Check if the price type is defined for the valuation procedure. If not, you will need to define it.
  You can do this by going to the relevant configuration path in the SAP menu: 
  
  Accounting -> Financial Accounting -> Asset Accounting -> Valuation -> Define Valuation Procedures.
  
  
  Ensure that the price type is assigned to the valuation procedure.
  
  
  
  Assign Security to Valuation Procedure:
  
  Ensure that the security in question is assigned to the correct valuation procedure that has the necessary price type defined.
  
  
  
  Check Security Master Data:
  
  Review the master data of the security to ensure that all necessary fields are filled out correctly, including the valuation procedure.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test valuation to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAVC for valuation procedures and OAVD for defining price types.
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring security valuation procedures and price types.
  Support: If the issue persists after checking the configuration, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the VAL009 error and successfully perform the security valuation.