How To Fix VAL812 - No impairment procedure is defined for position management procedure &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 812

• Message text: No impairment procedure is defined for position management procedure &1

What causes this issue?

You want to record an impairment for a position with position management
procedure &V1&.
However an impairment procedure has not been defined for this position
management procedure.

System Response

Processing is terminated.

How to fix this error?

Specify an impairment procedure for position management procedure &V1&.
If necessary, define an impairment procedure beforehand.

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 VAL812 - No impairment procedure is defined for position management procedure &1 ?

  The SAP error message VAL812 indicates that there is no impairment procedure defined for the specified position management procedure in the system. This error typically arises in the context of asset accounting or financial management when the system is trying to process an impairment for an asset but cannot find the necessary configuration.
  Cause:
  
  Missing Configuration: The primary cause of this error is that the impairment procedure has not been defined for the specific position management procedure in the system.
  Incorrect Customization: The configuration settings for asset accounting may not have been set up correctly, or the relevant settings may have been omitted during system implementation or upgrades.
  Position Management Procedure Not Assigned: The position management procedure that is being referenced may not be properly assigned to the asset or may not exist in the system.
  
  Solution:
  To resolve the VAL812 error, you can follow these steps:
  
  
  Define Impairment Procedure:
  
  Go to the SAP Customizing Implementation Guide (IMG).
  Navigate to Financial Accounting (New) > Asset Accounting > Impairment > Define Impairment Procedures.
  Here, you can create or modify an impairment procedure and ensure it is linked to the relevant position management procedure.
  
  
  
  Assign Impairment Procedure:
  
  After defining the impairment procedure, ensure that it is assigned to the relevant position management procedure.
  This can typically be done in the same IMG area under Position Management settings.
  
  
  
  Check Configuration:
  
  Review the configuration settings for asset accounting to ensure that all necessary parameters are set correctly.
  Make sure that the position management procedure is correctly assigned to the relevant asset classes.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Consult Documentation:
  
  If you are unsure about the specific settings or procedures, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OAOA (for defining impairment procedures) or OAYD (for position management) to access the relevant configuration screens.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings in SAP.
  
  By following these steps, you should be able to resolve the VAL812 error and ensure that the impairment procedures are correctly defined and assigned in your SAP system.