How To Fix VAL808 - Impairment price or value was not found for key date &1 and ID number &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 808

• Message text: Impairment price or value was not found for key date &1 and ID number &3

What causes this issue?

You want to record an impairment for a position. An impairment rate or
value for the position must be defined in the system.
The system was unable to determine an impairment rate or value for key
date &V1&. This refers to ID number &V3& in company code &V2&.

System Response

Processing is terminated.

How to fix this error?

Enter an impairment rate or 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message VAL808 - Impairment price or value was not found for key date &1 and ID number &3 ?

  The SAP error message VAL808 indicates that the system could not find an impairment price or value for a specific key date and ID number. This error typically arises in the context of asset accounting or valuation processes, particularly when dealing with impairment calculations.
  Cause:
  
  Missing Data: The impairment price or value for the specified key date and ID number may not have been entered into the system.
  Incorrect Key Date: The key date provided may not correspond to a date for which impairment data exists.
  Configuration Issues: There may be configuration issues in the asset accounting settings that prevent the system from retrieving the necessary data.
  Data Consistency: There may be inconsistencies in the data, such as missing master data or incorrect settings in the valuation area.
  
  Solution:
  
  Check Data Entry: Verify that the impairment price or value has been correctly entered for the specified key date and ID number. You can do this by checking the relevant asset master data or impairment records.
  Review Key Date: Ensure that the key date you are using is valid and corresponds to a date for which impairment data is available.
  Update Configuration: If necessary, review and update the configuration settings in the asset accounting module to ensure that the system can access the required impairment data.
  Run Reports: Use relevant SAP reports to check for missing impairment values or to identify any discrepancies in the data.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling impairment values and related configurations.
  Contact Support: If the issue persists, 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 AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset data.
  Impairment Accounting: Understand the principles of impairment accounting and how they apply to your organization's financial reporting.
  SAP Notes: Check for any SAP Notes related to VAL808 for potential bug fixes or additional guidance.
  Training: Consider training sessions or workshops on asset accounting and impairment valuation to enhance your understanding of the processes involved.
  
  By following these steps, you should be able to identify the cause of the VAL808 error and implement a solution to resolve it.