How To Fix VAL303 - Amortization is not possible for security ID &1

VAL303 - Overview

• Message type: E = Error

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

• Message number: 303

• Message text: Amortization is not possible for security ID &1

What causes this issue?

The security &V1& is in a position with position management procedure
&V3&. In line with the settings in the position management procedure,
you attempted to execute an amortization as a first valuation step.
However, the ID number has product category &V2& and, therefore, cannot
be amortized.

System Response

The valuation step 'amortization' is terminated.

How to fix this error?

In Customizing, change the settings for position management procedure
&V3&. As calculation category, choose 'standard'.

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 VAL303 - Amortization is not possible for security ID &1 ?

  The SAP error message VAL303, which states "Amortization is not possible for security ID &1," typically occurs in the context of financial transactions involving securities, particularly when dealing with amortization of premiums or discounts on securities.
  
  Cause:
  The error can arise due to several reasons, including:
  
  
  Incorrect Security Configuration: The security ID may not be set up correctly in the system, or it may not have the necessary parameters for amortization defined.
  
  
  Amortization Method Not Defined: The amortization method for the security may not be defined or may not be applicable for the specific security type.
  
  
  Invalid Transaction Type: The transaction type being used may not support amortization for the specified security.
  
  
  Data Inconsistencies: There may be inconsistencies in the data related to the security, such as missing or incorrect values in the relevant fields.
  
  
  Period Restrictions: The amortization may not be possible due to restrictions related to the accounting period or fiscal year.
  
  
  
  Solution:
  To resolve the VAL303