How To Fix VAL605 - The book value currencies are not the same as the position currencies

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 605

• Message text: The book value currencies are not the same as the position currencies

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 the book values are defined in a currency that is different
to the position currency and/or valuation currency.

System Response

The valuation is terminated.

How to fix this error?

Define the book values in the position currency and in the valuation
currency of the position.

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 VAL605 - The book value currencies are not the same as the position currencies ?

  The SAP error message VAL605 indicates that there is a mismatch between the book value currencies and the position currencies in the context of asset accounting or financial transactions. This error typically arises when the system expects the currencies for the asset's book value and its position (or valuation) to be the same, but they are not.
  Cause:
  
  Currency Configuration: The asset may have been configured with a different currency for its book value compared to the currency used for its position.
  Transaction Data: The transaction data being processed may have been entered with different currencies, leading to a mismatch.
  Master Data Issues: The asset master data may have inconsistencies, such as different currencies set for different valuation areas or depreciation areas.
  Currency Conversion: If there are currency conversion settings that are not properly configured, it can lead to discrepancies.
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record and verify the currency settings. Ensure that the currency for the book value matches the currency for the position.
  Check the different valuation areas and depreciation areas to ensure consistency.
  
  
  
  Review Transaction Data:
  
  Look at the specific transaction that triggered the error. Ensure that the currency used in the transaction matches the expected currency for the asset.
  
  
  
  Adjust Currency Settings:
  
  If necessary, adjust the currency settings in the asset master data or in the transaction data to ensure they are consistent.
  
  
  
  Consult Configuration:
  
  If you have access to the configuration settings, check the settings for currency conversion and ensure they are set up correctly.
  
  
  
  Use Transaction Codes:
  
  Use transaction codes like AS02 (Change Asset) to modify the asset master data or AW01N (Display Asset) to review the asset details.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed guidance on handling currency issues in asset accounting.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP Asset Accounting, such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset).
  Currency Types: Understand the different types of currencies in SAP (e.g., local currency, group currency, and transaction currency) and how they interact in asset accounting.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Asset Accounting for further assistance.