How To Fix VAL602 - More than one book value exists for the position on &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 602

• Message text: More than one book value exists for the position on &1

What causes this issue?

You wish to carry out a manual valuation for the position on &V1&. To
enable this, book values must have been defined in the system as at &V1&
.
Currently there are several entries as at.

System Response

The valuation is not carried out.

How to fix this error?

Define one book value for the position as at &V1& .

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 VAL602 - More than one book value exists for the position on &1 ?

  The SAP error message VAL602 ("More than one book value exists for the position on &1") typically occurs in the context of asset accounting when there are multiple book values for a single asset position. This can happen due to various reasons, such as incorrect data entries, multiple depreciation areas, or inconsistencies in asset master data.
  Causes:
  
  Multiple Depreciation Areas: If an asset is assigned to multiple depreciation areas, it may have different book values in each area, leading to confusion in reporting.
  Data Entry Errors: Manual entries or incorrect postings can create duplicate records or conflicting values for the same asset.
  Asset Transfers: If an asset has been transferred between different company codes or cost centers, it may result in multiple book values.
  Incorrect Configuration: Issues in the configuration of asset accounting settings can lead to discrepancies in how values are calculated and stored.
  
  Solutions:
  
  Check Asset Master Data: Review the asset master data for the affected asset. Ensure that there are no duplicate entries or inconsistencies in the depreciation areas.
  Review Depreciation Areas: Verify the configuration of depreciation areas in the asset accounting settings. Ensure that they are set up correctly and that the asset is assigned to the appropriate areas.
  Analyze Transactions: Look into the transaction history of the asset to identify any erroneous postings or transfers that may have caused the issue.
  Use Transaction Codes: Utilize transaction codes like AS03 (Display Asset) to view the asset details and AS11 (Create Depreciation Area) to check the configuration of depreciation areas.
  Consult SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide guidance on resolving similar issues.
  Contact SAP Support: If the issue persists and cannot be resolved through the above steps, consider reaching out to SAP support for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset data.
  Documentation: Review SAP documentation on asset accounting to understand how book values are calculated and managed.
  Training: Consider training sessions or workshops on asset accounting to better understand the processes and configurations involved.
  
  By following these steps, you should be able to identify the cause of the VAL602 error and implement a solution to resolve it.