How To Fix VAL012 - No components for valuation not affecting P/L

VAL012 - Overview

• Message type: E = Error

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

• Message number: 012

• Message text: No components for valuation not affecting P/L

What causes this issue?

You want to perform a &V1& using procedure &V2& for a position. This
procedure is defined so that gains/lossses are not realized. In this
case, separate components are used in the subledger for valuations that
do affect gains and loss. However, these do not exist for this
position.
This situation can occur only if, in the productive system, procedure
&V2& was changed so that it contains the setting <ZK>Do Not Realize
Gains/Losses</> that it did not contain when the position was
generated. This change to the Customizing is not permitted.

System Response

The activity is canceled.

How to fix this error?

Correct the settings in procedure &V2&. If you want to have components
that do not effect gains/losses for the position, you have to transfer
the valuation class or the securities account. In doing so, make sure
that the appropriate settings are made for the position management
procedure of the target position.

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 VAL012 - No components for valuation not affecting P/L ?

  The SAP error message VAL012 ("No components for valuation not affecting P/L") typically occurs in the context of inventory valuation and can be related to various scenarios in SAP, particularly in the Materials Management (MM) and Controlling (CO) modules. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  
  Valuation Class Configuration: The error may arise if the valuation class assigned to the material does not have any components that are set up for valuation. This can happen if the material is configured in a way that it does not impact the Profit and Loss (P/L) statement.
  
  
  Material Master Settings: The material master record may not be properly configured. For example, the valuation category or the accounting view may not be set up correctly.
  
  
  Valuation Type: If the valuation type is not defined or if there are no stock types associated with the valuation type, this error can occur.
  
  
  Stock Type: The stock