How To Fix VAL036 - Product category &1 is not supported by the amortization

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 036

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

What causes this issue?

The position for which an amortization is to be carried out is of
product category &V1&. However, this product category is not supported
by the amortization step.

System Response

The amortization 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 VAL036 - Product category &1 is not supported by the amortization ?

  The SAP error message VAL036 indicates that the product category specified in the transaction is not supported for amortization. This typically occurs in the context of asset accounting or financial transactions where amortization is relevant.
  Cause:
  
  Unsupported Product Category: The product category you are trying to use is not configured to allow amortization in the system.
  Configuration Issues: The settings in the configuration for asset accounting may not include the specified product category for amortization.
  Incorrect Master Data: The master data for the asset or product may not be set up correctly, leading to this error.
  
  Solution:
  
  
  Check Product Category Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Amortization > Define Product Categories.
  Ensure that the product category in question is set up to allow amortization.
  
  
  
  Review Master Data:
  
  Check the master data for the asset or product associated with the transaction.
  Ensure that the product category is correctly assigned and that all necessary fields are filled out.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to asset accounting and amortization to understand the requirements for product categories.
  
  
  
  Contact SAP Support:
  
  If the configuration appears correct and the issue persists, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset data.
  Amortization Types: Understand the different types of amortization (e.g., linear, declining balance) and how they relate to product categories.
  Testing: After making changes, perform tests to ensure that the error does not reoccur and that the amortization process works as expected.
  
  By following these steps, you should be able to resolve the VAL036 error and ensure that the product category is properly configured for amortization in your SAP system.