How To Fix VAL867 - Enter target loss allowance amount in position currency

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 867

• Message text: Enter target loss allowance amount in position currency

What causes this issue?

Enter target loss allowance amount in position currency.

System Response

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

How to fix this error?

Set the target loss allowance amount in position currency through method
CHANGE _LOSS_ALLOWANCE of BADI TPM_TRPA_MODIFY_LOSS_ALLOWANCE

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 VAL867 - Enter target loss allowance amount in position currency ?

  The SAP error message VAL867, which states "Enter target loss allowance amount in position currency," typically occurs in the context of financial accounting and asset management, particularly when dealing with loss allowances for financial instruments or receivables.
  Cause:
  This error usually arises when a user attempts to process a transaction related to loss allowances without specifying the required target loss allowance amount in the correct currency. The system expects this amount to be provided in the position currency (the currency in which the financial position is maintained).
  Solution:
  To resolve the VAL867 error, follow these steps:
  
  
  Check Input Fields: Ensure that you have entered the target loss allowance amount in the appropriate field. This should be in the currency that corresponds to the position currency.
  
  
  Currency Settings: Verify that the currency settings for the transaction are correct. The position currency should match the currency in which you are trying to enter the loss allowance amount.
  
  
  Transaction Type: Make sure you are using the correct transaction type that allows for the entry of loss allowances. Some transaction types may have specific requirements or restrictions.
  
  
  Review Configuration: If you have the necessary permissions, check the configuration settings related to loss allowances in your SAP system. Ensure that the settings are correctly defined to allow for the entry of amounts in the position currency.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling loss allowances and the required fields for your version of SAP.
  
  
  Seek Help from IT Support: If you are unable to resolve the issue, consider reaching out to your IT support team or SAP administrator for assistance. They may have additional insights or access to system logs that can help diagnose the problem.
  
  
  Related Information:
  
  Position Currency: This is the currency in which the financial position is maintained. It is important to ensure that all amounts related to that position are entered in this currency.
  Loss Allowance: This refers to the amount set aside to cover potential losses on financial instruments or receivables. It is a critical aspect of financial reporting and risk management.
  SAP Modules: This error may be encountered in modules such as SAP Financial Accounting (FI) or SAP Asset Accounting (AA), depending on the context of the transaction.
  
  By following these steps and understanding the context of the error, you should be able to resolve the VAL867 error effectively.