How To Fix VAL044 - Swap valuation w/out rate/price valuation step for forward exchange trans

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 044

• Message text: Swap valuation w/out rate/price valuation step for forward exchange trans

What causes this issue?

The position management procedure &V1& contains a <ZK>Swap Valuation</>
step, but not a <ZK>Rate Valuation Forward Exchange Transaction</> step.
A swap valuation requires certain settings from the valuation procedure
for the rate valuation forward exchange transactions.

System Response

Processing is terminated.

How to fix this error?

Check the settings for position management procedure &V1&. Define an
additional step (rate valuation forward exchange transaction) or delete
the swap valuation step.

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 VAL044 - Swap valuation w/out rate/price valuation step for forward exchange trans ?

  The SAP error message VAL044 typically indicates that there is an issue with the valuation of a forward exchange transaction, specifically that the system is unable to find a rate or price for the valuation step. This can occur in the context of financial instruments, particularly in foreign exchange (FX) transactions.
  Cause:
  
  Missing Exchange Rate: The most common cause of this error is that there is no exchange rate defined for the currency pair involved in the forward exchange transaction.
  Valuation Date Issues: The valuation date may not have a corresponding exchange rate in the system.
  Configuration Issues: There may be configuration issues in the valuation settings for the relevant financial instruments.
  Data Entry Errors: Incorrect or incomplete data entry when creating the forward exchange transaction can also lead to this error.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and verify that the exchange rate for the relevant currency pair is maintained for the valuation date.
  If the rate is missing, you will need to enter the appropriate exchange rate.
  
  
  
  Review Valuation Settings:
  
  Check the valuation settings in the configuration for financial instruments. Ensure that the valuation method is correctly set up to handle forward exchange transactions.
  Use transaction code SPRO to navigate to the relevant configuration settings.
  
  
  
  Valuation Date:
  
  Ensure that the valuation date you are using is valid and that there are exchange rates available for that date.
  
  
  
  Transaction Data:
  
  Review the forward exchange transaction data for any inconsistencies or missing information. Ensure that all required fields are filled out correctly.
  
  
  
  Run Valuation Again:
  
  After making the necessary corrections, try running the valuation process again to see if the error persists.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  F.05: Foreign Currency Valuation
  SPRO: SAP Reference IMG (for configuration)
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on foreign currency valuation and the specific configuration settings related to financial instruments.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP community forums for further assistance.