How To Fix VAL824 - No complete reset of valuation carried out before the impairment

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 824

• Message text: No complete reset of valuation carried out before the impairment

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message VAL824 - No complete reset of valuation carried out before the impairment ?

  The SAP error message VAL824 ("No complete reset of valuation carried out before the impairment") typically occurs in the context of asset accounting when there is an attempt to post an impairment without first resetting the previous valuation of the asset. This is a common issue in SAP systems that manage fixed assets, particularly when dealing with revaluations and impairments.
  Cause:
  The error arises when:
  
  An impairment is being posted for an asset that has a previous valuation that has not been completely reset.
  The system requires that any previous valuations be cleared or reset before a new impairment can be recorded.
  There may be inconsistencies in the asset's valuation history, or the necessary steps for resetting the valuation have not been followed.
  
  Solution:
  To resolve the VAL824 error, you can follow these steps:
  
  
  Check Asset Valuation History:
  
  Review the asset's valuation history to identify any previous valuations that need to be reset.
  
  
  
  Perform a Complete Reset of Valuation:
  
  Use the transaction code ABAON (Reset Asset Valuation) to reset the asset's valuation. This will clear any previous valuations and allow you to proceed with the impairment.
  Ensure that you select the correct asset and the appropriate fiscal year for the reset.
  
  
  
  Post the Impairment Again:
  
  After successfully resetting the valuation, attempt to post the impairment again using the appropriate transaction (e.g., ABAA for posting an impairment).
  
  
  
  Check for Configuration Issues:
  
  If the problem persists, check the configuration settings in the Asset Accounting module to ensure that they are set up correctly for handling impairments and valuations.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific details related to your version of SAP, as there may be nuances based on the system configuration.
  
  
  
  Seek Help from SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  ABAON: Reset Asset Valuation
  ABAA: Post Impairment
  AW01N: Asset Explorer (to view asset details)
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  Documentation: Review the SAP Asset Accounting documentation for best practices on managing asset valuations and impairments.
  
  
  By following these steps, you should be able to resolve the VAL824 error and successfully post the impairment for the asset in question.