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

SAP Error Message - Details

• 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 error, you can take the following steps:
  
  
  Check Security Configuration:
  
  Verify that the security ID is correctly configured in the system. Check the master data for the security to ensure all necessary fields are filled out correctly.
  
  
  
  Review Amortization Settings:
  
  Ensure that the amortization method is defined for the security. You can do this by checking the settings in the relevant configuration transaction (e.g., transaction code OAM1 for asset management).
  
  
  
  Validate Transaction Type:
  
  Confirm that the transaction type you are using supports amortization for the security in question. You may need to consult the documentation or your SAP administrator for the correct transaction type.
  
  
  
  Check Data Consistency:
  
  Review the data associated with the security for any inconsistencies or missing information. Correct any discrepancies found.
  
  
  
  Examine Accounting Period:
  
  Ensure that the accounting period is open and that there are no restrictions preventing amortization for that period.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific details related to the security and amortization processes.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAM1 (for asset management), OAM2 (for asset transactions), and others that may be relevant to your specific configuration.
  SAP Notes: Check for any SAP Notes related to the VAL303 error for additional insights or patches that may address the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the VAL303 error and implement the necessary solutions to resolve it.