How To Fix VAL031 - Product category &1 is not supported by the securities valuation

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 031

• Message text: Product category &1 is not supported by the securities valuation

What causes this issue?

The position for which a securities valuation is to be carried out is
of product category &V1&. However, this product category is not
supported by the securities valuation.

System Response

The securities valuation step does not contribute to valuation of the
position.

How to fix this error?

Assign an appropriate position management procedure to the 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 VAL031 - Product category &1 is not supported by the securities valuation ?

  The SAP error message VAL031 indicates that the product category specified (represented by &1) is not supported for securities valuation in the system. This error typically arises when attempting to perform a valuation on a financial instrument or security that is not configured correctly in the system.
  Cause:
  
  Unsupported Product Category: The product category of the security you are trying to value is not defined in the system for valuation purposes.
  Configuration Issues: The valuation settings for the specific product category may not have been set up in the system.
  Missing Master Data: The master data for the security may be incomplete or incorrectly configured, leading to the inability to perform valuation.
  
  Solution:
  
  Check Product Category: Verify the product category of the security you are trying to value. Ensure that it is correctly defined in the system.
  Configuration in Customizing:
  
  Go to the SAP Customizing Implementation Guide (IMG).
  Navigate to Financial Accounting (New) > Financial Instruments > Valuation > Define Product Categories for Valuation.
  Ensure that the product category in question is listed and configured for valuation.
  
  
  Update Master Data: If the product category is not supported, you may need to update the master data for the security to use a supported product category.
  Consult Documentation: Review SAP documentation or help files related to securities valuation to ensure that you are following the correct procedures.
  Contact SAP Support: If you are unable to resolve the issue, consider reaching out to SAP support for assistance, especially if this is a production environment.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as SE11 (Data Dictionary) to check the table definitions or SE80 (Object Navigator) to explore related objects.
  Valuation Methods: Familiarize yourself with the different valuation methods available in SAP for financial instruments, as this may provide insights into how to configure the product category correctly.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuring product categories for securities valuation.
  
  By following these steps, you should be able to identify the cause of the VAL031 error and implement a solution to resolve it.