How To Fix VAL118 - Book value lower than Purchase value but Write-up not allowed

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 118

• Message text: Book value lower than Purchase value but Write-up 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
lower than the Purchase value &V2& with write-down rule "Write-down to
Purchase Value" and "No write up" .

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 VAL118 - Book value lower than Purchase value but Write-up not allowed ?

  The SAP error message VAL118 ("Book value lower than Purchase value but Write-up not allowed") typically occurs in the context of asset accounting when you attempt to perform a write-up on an asset whose book value is lower than its purchase value, but the system is configured to prevent such write-ups.
  Cause:
  
  Asset Valuation: The asset's current book value is less than its original purchase value, which indicates that the asset has depreciated.
  Configuration Settings: The system settings may not allow for write-ups on certain asset classes or under specific conditions. This is often a result of the asset accounting configuration in SAP.
  Depreciation Areas: The depreciation area settings may restrict write-ups, especially if the asset is in a depreciation area that does not allow for increases in value.
  
  Solution:
  
  
  Check Asset Configuration:
  
  Review the asset master data to ensure that the asset is configured correctly. Check the asset class and its settings regarding write-ups.
  Navigate to the asset master record and verify the depreciation areas and their settings.
  
  
  
  Adjust Configuration:
  
  If write-ups are necessary, you may need to adjust the configuration in the asset accounting settings. This can involve changing the settings for the asset class to allow write-ups.
  Consult with your SAP administrator or financial team to determine if the configuration can be modified to allow write-ups for the specific asset class.
  
  
  
  Perform a Manual Adjustment:
  
  If the system does not allow for a write-up due to configuration, consider whether a manual adjustment or revaluation is appropriate. This may involve creating a new asset or adjusting the existing asset's value through a different transaction.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on handling asset write-ups and the related configuration settings.
  
  
  
  Seek Expert Assistance:
  
  If the issue persists, consider reaching out to your SAP support team or a consultant who specializes in SAP Asset Accounting for further assistance.
  
  
  
  Related Information:
  
  Asset Classes: Different asset classes in SAP may have different rules regarding depreciation and write-ups.
  Depreciation Methods: The method of depreciation applied to the asset can affect how and when write-ups are allowed.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on asset write-ups.
  
  By following these steps, you should be able to identify the cause of the VAL118 error and implement a solution to resolve it.