How To Fix VAL220 - &1 Cat. "Special Sec. Val. Impairment" must be entered for contract &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 220

• Message text: &1 Cat. "Special Sec. Val. Impairment" must be entered for contract &2

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 VAL220 - &1 Cat. "Special Sec. Val. Impairment" must be entered for contract &2 ?

  The SAP error message VAL220 indicates that a specific security valuation impairment must be entered for a particular contract. This error typically arises in the context of asset management or financial accounting when dealing with securities and their valuations.
  Cause:
  The error occurs when the system expects a specific impairment value for a security contract, but it has not been provided. This can happen due to:
  
  Missing Data: The impairment value for the security has not been entered in the system.
  Incorrect Configuration: The system configuration may not be set up correctly to handle the impairment values for the specific type of security.
  Data Entry Error: There may have been an oversight during data entry, leading to the omission of the required impairment information.
  
  Solution:
  To resolve the VAL220 error, you can take the following steps:
  
  
  Enter the Required Impairment Value:
  
  Navigate to the relevant transaction or screen where the security contract is managed.
  Locate the field for "Special Sec. Val. Impairment" and enter the appropriate impairment value for the contract specified in the error message.
  
  
  
  Check Configuration:
  
  If you are responsible for system configuration, ensure that the settings for security valuations and impairments are correctly configured in the system.
  Consult with your SAP administrator or financial team to verify that the necessary configurations are in place.
  
  
  
  Review Documentation:
  
  Check any relevant documentation or guidelines provided by your organization regarding the handling of security impairments to ensure compliance with internal policies.
  
  
  
  Consult SAP Notes:
  
  Look for any SAP Notes related to this error message in the SAP Support Portal. There may be specific patches or updates that address this issue.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after trying the above solutions, consider reaching out to SAP Support for further assistance. Provide them with the error message details and any relevant context.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with the relevant transaction codes used for managing securities and impairments, such as:
  
  T-code: FBL3N (Display G/L Account Line Items)
  T-code: F-02 (General Posting)
  T-code: F-28 (Post Incoming Payments)
  
  
  
  Documentation: Review SAP documentation related to asset management and financial accounting for more insights into handling security valuations and impairments.
  
  
  User Roles: Ensure that the user has the necessary permissions to enter or modify impairment values in the system.
  
  
  By following these steps, you should be able to resolve the VAL220 error and ensure that the necessary impairment values are correctly entered for the specified contract.