How To Fix VAL068 - Sec. Val. Proc. &: Valuation in Val.Crcy only possible for FX options

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 068

• Message text: Sec. Val. Proc. &: Valuation in Val.Crcy only possible for FX options

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message VAL068 - Sec. Val. Proc. &: Valuation in Val.Crcy only possible for FX options ?

  The SAP error message VAL068 indicates that there is an issue with the valuation process for financial instruments, specifically related to foreign exchange (FX) options. This error typically arises when you attempt to perform a valuation in a currency that is not supported for the type of financial instrument you are working with.
  Cause:
  The error occurs when:
  
  You are trying to perform a valuation for a financial instrument (like a swap or a forward) that is not an FX option, but you are attempting to do so in a currency that is only valid for FX options.
  The valuation currency is set incorrectly, or the financial instrument is not configured to allow valuation in the specified currency.
  
  Solution:
  To resolve the VAL068 error, you can take the following steps:
  
  
  Check the Financial Instrument Type: Ensure that the financial instrument you are trying to value is indeed an FX option. If it is not, you need to use the appropriate valuation method for the specific type of instrument.
  
  
  Review Valuation Currency Settings: Verify the currency settings for the financial instrument. Make sure that the valuation currency is appropriate for the type of instrument you are valuing. If you are valuing a non-FX option instrument, switch to a supported currency.
  
  
  Configuration Settings: Check the configuration settings in the SAP system for the financial instruments. Ensure that the valuation procedures are correctly set up for the types of instruments you are working with.
  
  
  Consult Documentation: Refer to the SAP documentation or help resources for specific guidance on valuation procedures for different types of financial instruments. This can provide insights into the correct setup and usage.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your specific configuration and setup.
  
  
  Related Information:
  
  SAP Notes: Look for relevant SAP Notes that might address this specific error or provide additional context on valuation procedures for financial instruments.
  Transaction Codes: Familiarize yourself with transaction codes related to financial instrument valuation, such as transaction codes for managing financial instruments (e.g., FTR_CREATE, FTR_EDIT).
  Training and Documentation: Consider training sessions or documentation on financial instrument management in SAP, which can help in understanding the valuation processes better.
  
  By following these steps, you should be able to identify the root cause of the VAL068 error and implement the necessary changes to resolve it.