How To Fix VAL121 - Position has already been valuated at the key date with a different NPV

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 121

• Message text: Position has already been valuated at the key date with a different NPV

What causes this issue?

During the valuation run, the system determined that the treasury
position had already been valuated with a different NPV at the key date
during release of the hedging business transactions (transaction
<NP>TPM120</>).
This may have been caused by a change being made in the market data
after the hedging business transactions were released.

System Response

The valuation of the position was canceled.

How to fix this error?

Reverse the release of the hedging business transactions (transaction
<NP>TPM121</>).
Perform the release of the hedging business transactions again
(transaction <NP>TPM120</>).
Perform key date valuation for the position again (transaction <NP>TPM1
</>).

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 VAL121 - Position has already been valuated at the key date with a different NPV ?

  The SAP error message VAL121 indicates that a position has already been valuated at a specific key date with a different Net Present Value (NPV). This typically occurs in the context of financial transactions, particularly in asset accounting or investment management, where valuations are performed based on certain key dates.
  Cause:
  
  Duplicate Valuation: The position has already been evaluated for the specified key date, and the system does not allow for a second valuation with a different NPV.
  Data Inconsistency: There may be inconsistencies in the data, such as changes in the valuation parameters or methods that conflict with the existing valuation.
  Timing Issues: The valuation process may have been executed multiple times for the same key date, leading to conflicts in the NPV.
  
  Solution:
  
  Check Existing Valuations: Review the existing valuations for the position on the specified key date. You can do this by navigating to the relevant transaction or report that displays valuation data.
  Adjust Key Date: If you need to perform a new valuation, consider using a different key date that does not conflict with existing valuations.
  Correct Data: If there are discrepancies in the valuation parameters, correct them to ensure consistency. This may involve adjusting the valuation method or parameters used.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling valuation errors in your version of SAP.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert to investigate further.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AW01N (Asset Explorer) or other valuation-related transactions.
  Configuration Settings: Review the configuration settings in the Asset Accounting module to ensure that they align with your organization's valuation policies.
  SAP Notes: Check for any SAP Notes related to VAL121 or valuation processes that may provide additional insights or fixes.
  User Roles: Ensure that you have the appropriate permissions to perform valuations and access the necessary data.
  
  By following these steps, you should be able to resolve the VAL121 error and successfully manage your asset valuations in SAP.