How To Fix VAL234 - Fair value in VC of imp. proc. is active; however, NPV in VC is not set

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 234

• Message text: Fair value in VC of imp. proc. is active; however, NPV in VC is not set

What causes this issue?

Fair value in VC of impairment procedure is active. However, NPV in
transaction <AB>TPM73</> has not been entered in VC.
The result of impairment calculation will not change (it produces the
same result as the calculation when the VC indicator is not activated).

System Response

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

How to fix this error?

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 VAL234 - Fair value in VC of imp. proc. is active; however, NPV in VC is not set ?

  The SAP error message VAL234 indicates that there is an issue with the valuation of a process in the context of a variant configuration (VC) scenario. Specifically, it suggests that the fair value in the variant configuration of the important process is active, but the net present value (NPV) in the variant configuration is not set. This can occur in scenarios where the system expects certain valuation parameters to be defined for the configuration of a product.
  Cause:
  
  Missing NPV Configuration: The NPV for the variant configuration might not be set up correctly in the system. This could be due to missing entries in the configuration settings or incorrect settings in the valuation area.
  Inconsistent Settings: There may be inconsistencies between the settings for fair value and NPV in the variant configuration.
  Master Data Issues: The master data for the material or product might not be complete or correctly maintained, leading to this error.
  
  Solution:
  
  
  Check NPV Settings: 
  
  Go to the configuration settings for the relevant material or product and ensure that the NPV is defined correctly. This can typically be done in the transaction code related to variant configuration (e.g., CU50 for configuration).
  Ensure that the NPV is set for all relevant valuation areas.
  
  
  
  Review Fair Value Settings: 
  
  Verify that the fair value settings are correctly configured and that they align with the NPV settings. This may involve checking the valuation class and ensuring that all necessary parameters are set.
  
  
  
  Master Data Review: 
  
  Check the master data for the material in question. Ensure that all necessary fields are filled out correctly, including valuation data and configuration settings.
  
  
  
  Consult Documentation: 
  
  Review SAP documentation or notes related to variant configuration and valuation to ensure that all necessary steps have been followed.
  
  
  
  Testing: 
  
  After making the necessary adjustments, perform tests to ensure that the error does not reoccur and that the valuation is processed correctly.
  
  
  
  Seek Support: 
  
  If the issue persists, consider reaching out to SAP support or consulting with a technical expert who specializes in SAP variant configuration and valuation.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CU50 (Configuration) and MM02 (Material Master) for checking and updating settings.
  SAP Notes: Look for SAP Notes that may address this specific error or provide additional guidance on configuration settings.
  Documentation: Review SAP Help documentation for variant configuration and valuation to understand the requirements and best practices.
  
  By following these steps, you should be able to resolve the VAL234 error and ensure that your variant configuration is set up correctly for valuation purposes.