How To Fix VAL308 - There are no other components for money market transactions

VAL308 - Overview

• Message type: E = Error

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

• Message number: 308

• Message text: There are no other components for money market transactions

What causes this issue?

In the amortization procedure for money market transaction &V1& in
company code &V2&, there is an entry under "Other Components."

System Response

The system does not support this amortization procedure for money market
transactions. Therefore no additional components are managed.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

VAL308 - Details

• The SAP error message VAL308, which states "There are no other components for money market transactions," typically occurs in the context of financial transactions, particularly when dealing with money market instruments in SAP's Treasury and Risk Management module.
  
  Cause:
  The error message VAL308 usually indicates that the system is unable to find any additional components or details related to the money market transaction you are trying to process. This can happen due to several reasons:
  
  
  Missing Data: The transaction may not have been fully defined or may be missing required components, such as interest rates, maturity dates, or other relevant financial details.
  
  
  Incorrect Configuration: The configuration settings for money market transactions in the SAP system may not be set up correctly, leading to the inability to process the transaction.
  
  
  Transaction Type Issues: The specific type of money market transaction you are trying to execute may not be supported or may not have been properly configured