How To Fix VAL033 - Product category &1 is not supported by one-step valuation

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 033

• Message text: Product category &1 is not supported by one-step valuation

What causes this issue?

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

System Response

The one-step rate 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 VAL033 - Product category &1 is not supported by one-step valuation ?

  The SAP error message VAL033 indicates that the product category specified (represented by &1) is not supported for one-step valuation in the system. This error typically arises in the context of inventory valuation and can occur during various processes, such as goods movements, inventory postings, or when trying to perform a valuation of materials.
  Cause:
  
  Product Category Configuration: The product category in question may not be configured to support one-step valuation in the system. This could be due to settings in the material master or valuation area.
  Valuation Method: The valuation method assigned to the product category may not be compatible with one-step valuation.
  Material Type: The material type associated with the product category may not allow for one-step valuation.
  Custom Settings: Custom configurations or enhancements in the SAP system may restrict certain product categories from being used with one-step valuation.
  
  Solution:
  
  
  Check Product Category Configuration:
  
  Go to the configuration settings for product categories in the SAP system (Transaction code: SPRO).
  Navigate to the relevant section for material valuation and check if the product category is set up correctly for one-step valuation.
  
  
  
  Review Material Master Data:
  
  Check the material master data for the specific product category. Ensure that the valuation type and method are correctly assigned.
  Use Transaction code MM03 to view the material master and verify the relevant fields.
  
  
  
  Adjust Valuation Method:
  
  If the valuation method is not compatible, consider changing it to one that supports one-step valuation.
  This may involve discussions with the finance or controlling team to ensure that the change aligns with business processes.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to inventory valuation and product categories to understand the requirements for one-step valuation.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to SAP support for further assistance. They may provide insights based on the specific version and configuration of your SAP system.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  MM03 (Display Material)
  SPRO (SAP Project Reference Object for configuration)
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the root cause of the VAL033 error and implement the necessary changes to resolve it.