How To Fix VAL815 - Book exchange rate was used to record the impairment

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 815

• Message text: Book exchange rate was used to record the impairment

What causes this issue?

Generally, the write-down affecting profit/loss for recording the
impairment is calculated using the market exchange rate in valuation
currency. However, for this position this calculation would result in a
negative book value in valuation currency.

System Response

The book exchange rate was used to convert the write-down affecting
profit/loss from position currency to valuation currency. This is the
same rate as the one that exists after the earlier valuations have been
reset. This ensures that the position is consistent after impairment has
been recorded.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VAL815 - Book exchange rate was used to record the impairment ?

  The SAP error message VAL815 indicates that a book exchange rate was used to record an impairment. This typically occurs in the context of asset accounting, particularly when dealing with foreign currency transactions and impairments.
  Cause:
  
  Currency Exchange Rate Issues: The error usually arises when the system attempts to post an impairment for an asset that is denominated in a foreign currency, and it uses the book exchange rate instead of the appropriate exchange rate for the transaction.
  Configuration Settings: The configuration settings for currency translation in the asset accounting module may not be set up correctly, leading to the use of the wrong exchange rate.
  Transaction Type: The type of transaction being processed may not be compatible with the current exchange rate settings.
  
  Solution:
  
  
  Check Exchange Rate Settings:
  
  Go to the transaction code OB08 to check the exchange rates defined in the system. Ensure that the correct exchange rates are maintained for the relevant currencies and that they are valid for the date of the impairment.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data to ensure that the currency settings are correct. Make sure that the asset is set up with the correct currency and that the relevant exchange rates are available.
  
  
  
  Adjust Configuration:
  
  If necessary, review the configuration settings in the Asset Accounting module (transaction code OAYZ) to ensure that the system is set up to use the correct exchange rates for impairments.
  
  
  
  Use Correct Transaction Type:
  
  Ensure that the transaction type used for the impairment is appropriate and that it is configured to handle foreign currency transactions correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling impairments in foreign currencies.
  
  
  
  Testing:
  
  After making adjustments, perform a test transaction to ensure that the error does not recur.
  
  
  
  Related Information:
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on handling currency issues in asset accounting.
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB08: Maintain exchange rates
  OAYZ: Asset accounting configuration
  AS01: Create asset
  AS02: Change asset
  ABZON: Post unplanned depreciation
  
  
  
  Documentation: Review SAP Help Portal for detailed documentation on asset accounting and currency handling.
  
  
  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.