How To Fix VAL801 - Impairment price or impairment value was not found for key date &1

VAL801 - Overview

• Message type: E = Error

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

• Message number: 801

• Message text: Impairment price or impairment value was not found for key date &1

What causes this issue?

You want to record an impairment for a position. To enable this, an
impairment rate or an impairment value must be entered in the system for
the position.
The system was unable to determine an impairment rate or an impairment
value for the key date. The position is characterized by the following:
valuation area &V2&, company code &V3&, ID number or loan contract &V4&.

System Response

Processing is terminated.

How to fix this error?

Enter an impairment rate or impairment value in the system using the
transaction Enter Prices/Net Present Values for Special Valuation
(TPM73)

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.

VAL801 - Details

• The SAP error message VAL801 indicates that the system could not find an impairment price or impairment value for a specified key date. This typically occurs in the context of asset accounting or valuation processes, particularly when dealing with impairment testing or asset valuation adjustments.
  
  Cause:
  
  Missing Data: The impairment price or value for the specified key date may not have been maintained in the system. This can happen if the necessary data was not entered or updated in the asset master records or valuation tables.
  Incorrect Key Date: The key date specified in the transaction may not correspond to any existing impairment data. This could be due to a typo or misunderstanding of the date format.
  
  Configuration Issues: There may be configuration issues in the asset accounting module that prevent the system from retrieving the correct impairment values.
  Data Migration Issues: If data was migrated from another system, there may be gaps or inconsistencies