How To Fix AIS_STDREP049 - Enter a definition for a backtesting key figure

SAP Error Message - Details

• Message type: E = Error

• Message class: AIS_STDREP - Messages for Standard Reporting on Results Database

• Message number: 049

• Message text: Enter a definition for a backtesting key figure

isbrm

What causes this issue?

When you define the layout for backtesting, you must enter at least one
VaR key figure and a backtesting key figure. This is because the system
compares these values during backtesting.

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?

Enter the key figure that is missing.

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 AIS_STDREP049 - Enter a definition for a backtesting key figure ?

  The SAP error message AIS_STDREP049, which states "Enter a definition for a backtesting key figure," typically occurs in the context of the SAP Analytics and Information System (AIS) when working with backtesting key figures in the context of risk management or financial analytics.
  Cause:
  This error message indicates that the system requires a definition for a backtesting key figure, which is essential for performing backtesting analyses. Backtesting is a method used to evaluate the performance of a model or strategy by comparing its predictions against actual outcomes. If the key figure is not defined, the system cannot proceed with the analysis.
  Solution:
  To resolve this error, you need to define the backtesting key figure in the system. Here are the steps you can follow:
  
  
  Access the Configuration Settings:
  
  Navigate to the relevant configuration area in SAP where backtesting key figures are defined. This is usually found in the Risk Management or Financial Analytics module.
  
  
  
  Define the Backtesting Key Figure:
  
  Create a new key figure or modify an existing one. Ensure that you provide all necessary parameters, such as the calculation method, data sources, and any other relevant settings.
  
  
  
  Check for Existing Definitions:
  
  If you believe a definition should already exist, check if it has been deleted or if there are any authorization issues preventing you from accessing it.
  
  
  
  Test the Configuration:
  
  After defining the key figure, test the configuration to ensure that it works as expected and that the error message no longer appears.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on defining backtesting key figures, as the steps may vary depending on the version of SAP you are using.
  
  
  
  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 assistance.
  
  
  
  Related Information:
  
  Backtesting in Finance: Understanding the principles of backtesting can help you define key figures more effectively. Familiarize yourself with statistical methods and financial metrics commonly used in backtesting.
  SAP Modules: This error is often related to modules such as SAP Risk Management (RM) or SAP Financial Services (FS). Ensure you have the necessary authorizations to access and modify configurations in these modules.
  SAP Community: Engaging with the SAP Community can provide insights from other users who may have encountered similar issues.
  
  By following these steps, you should be able to resolve the AIS_STDREP049 error and successfully define a backtesting key figure in your SAP system.