How To Fix VAL117 - Book value higher than Purchase value but Write-down not allowed

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 117

• Message text: Book value higher than Purchase value but Write-down not allowed

What causes this issue?

Book value in valuation currency and purchase value aren't compatible
with the write-up rule and write-down rule. The Book value &V1& is
higher than the Purchase value &V2& with write-up rule "Write-up to
Purchase Value" and "No write down" .

System Response

The foreign exchange valuation results in no write-up or write-down.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VAL117 - Book value higher than Purchase value but Write-down not allowed ?

  The SAP error message VAL117 ("Book value higher than Purchase value but Write-down not allowed") typically occurs in the context of asset accounting when you attempt to perform a transaction that would result in a write-down of an asset's value, but the system does not allow it due to certain conditions.
  Cause:
  
  Asset Valuation: The book value of the asset is higher than its purchase value, which indicates that the asset has been depreciated or written down previously.
  Write-down Restrictions: The asset may have restrictions that prevent further write-downs. This can happen if:
  
  The asset is in a status that does not allow write-downs (e.g., it is in a closed fiscal year).
  The asset is subject to certain accounting principles or regulations that restrict write-downs.
  The asset is linked to a specific depreciation area that does not allow write-downs.
  
  
  
  Solution:
  To resolve the VAL117 error, consider the following steps:
  
  
  Check Asset Status: Ensure that the asset is not in a closed fiscal year or in a status that prevents write-downs. If it is, you may need to reopen the fiscal year or change the asset status.
  
  
  Review Depreciation Areas: Check the configuration of the depreciation areas associated with the asset. Ensure that the depreciation area allows for write-downs.
  
  
  Adjust Asset Values: If the asset's book value is indeed higher than the purchase value and you need to write it down, you may need to adjust the asset's values through a manual adjustment or a revaluation.
  
  
  Consult Accounting Policies: Review your organization's accounting policies to ensure compliance with any regulations that may affect asset write-downs.
  
  
  Transaction Type: Ensure that you are using the correct transaction type for the write-down. Some transactions may not allow for write-downs based on their configuration.
  
  
  SAP Notes and Support: If the issue persists, check for any relevant SAP Notes or patches that may address this specific error. You can also reach out to SAP support for further assistance.
  
  
  Related Information:
  
  Asset Accounting Configuration: Familiarize yourself with the configuration settings in Asset Accounting (FI-AA) to understand how write-downs are managed.
  Depreciation Methods: Review the depreciation methods applied to the asset, as they can affect how and when write-downs are allowed.
  Documentation: Refer to SAP documentation or user manuals for detailed guidance on asset management and accounting practices.
  
  By following these steps, you should be able to identify the cause of the VAL117 error and implement a solution to resolve it.