How To Fix VAL223 - Termination: &1 on key date &2 for sec./contract &3 &4 not allowed

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 223

• Message text: Termination: &1 on key date &2 for sec./contract &3 &4 not allowed

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message VAL223 - Termination: &1 on key date &2 for sec./contract &3 &4 not allowed ?

  The SAP error message VAL223 indicates that a termination of a security or contract is not allowed on the specified key date. This error typically arises in the context of financial transactions, particularly when dealing with securities, contracts, or investment management.
  Cause:
  The error message VAL223 can occur due to several reasons:
  
  Invalid Key Date: The key date specified for the termination may not be valid for the security or contract in question. This could be due to the contract being in a state that does not allow termination (e.g., already terminated, expired, or in a locked state).
  Contract Status: The status of the security or contract may not permit termination. For example, if the contract is already completed or has been canceled, further termination actions may not be allowed.
  Business Rules: There may be specific business rules or configurations in place that restrict the termination of contracts or securities under certain conditions.
  
  Solution:
  To resolve the VAL223 error, consider the following steps:
  
  Check Key Date: Verify that the key date you are using for the termination is correct and valid. Ensure that it falls within the permissible range for the contract or security.
  Review Contract Status: Check the status of the security or contract. If it is in a state that does not allow termination, you may need to take alternative actions or wait until the status changes.
  Consult Documentation: Review the relevant SAP documentation or configuration settings related to the specific security or contract type to understand any restrictions on termination.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with a functional expert who can provide insights based on your specific configuration and business processes.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help you investigate the issue further, such as transaction codes for managing securities or contracts.
  SAP Notes: Check for any SAP Notes related to the VAL223 error message, as they may provide additional context or solutions.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to perform termination actions on the specified security or contract.
  
  By following these steps, you should be able to identify the cause of the VAL223 error and take appropriate action to resolve it.