How To Fix FAZ005 - Incorrect value in control parameter 'primary risk-reducing effect'

SAP Error Message - Details

• Message type: E = Error

• Message class: FAZ - Error Handling for FACILITIES

• Message number: 005

• Message text: Incorrect value in control parameter 'primary risk-reducing effect'

What causes this issue?

The control parameter 'primary risk-reducing effect' (PRRE), which is
required for determining the attributable amount for facilities, has an
incorrect value.

System Response

The system cannot carry out attributable amount determination for the
facility.

How to fix this error?

Check the primary risk-reducing effect of the facility.

Procedure for System Administrators

Application Programming:
Category group FAZDE (development class FTBK01), constants
fazde_prrw_econ, fazde_prrw_pol, fazde_prrw_max.
Supply of data to fields: In function module KL_FAZ_EVAL_SINGLE.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAZ005 - Incorrect value in control parameter 'primary risk-reducing effect' ?

  The SAP error message FAZ005, which states "Incorrect value in control parameter 'primary risk-reducing effect'," typically occurs in the context of financial accounting or risk management within the SAP system. This error is related to the configuration of risk management parameters, particularly when dealing with financial instruments or risk assessment processes.
  Cause:
  The error is usually caused by one of the following issues:
  
  Incorrect Configuration: The control parameter for the primary risk-reducing effect may not be set up correctly in the system. This could be due to missing or incorrect entries in the configuration settings.
  Invalid Value: The value entered for the primary risk-reducing effect may not be valid according to the system's predefined criteria or rules.
  Data Inconsistency: There may be inconsistencies in the data being processed, such as mismatched values or incorrect data types.
  
  Solution:
  To resolve the FAZ005 error, you can take the following steps:
  
  
  Check Configuration Settings:
  
  Navigate to the relevant configuration settings in the SAP system (usually found in the IMG - Implementation Guide).
  Verify that the control parameters for the primary risk-reducing effect are correctly defined and that all necessary values are present.
  
  
  
  Validate Input Values:
  
  Ensure that the values being entered for the primary risk-reducing effect are valid and conform to the expected formats and ranges.
  Cross-check with the documentation or configuration guidelines to confirm that the values are appropriate.
  
  
  
  Review Data Consistency:
  
  Check for any inconsistencies in the data being processed. This may involve reviewing related financial instruments, risk assessments, or other relevant data entries.
  Correct any discrepancies found in the data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the control parameter in question. This may provide insights into valid values and configuration requirements.
  
  
  
  Seek Support:
  
  If the issue persists after checking the configuration and data, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial accounting or risk management.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in troubleshooting, such as transaction codes for configuration (SPRO) or for managing financial instruments.
  SAP Notes: Check the SAP Support Portal for any notes or updates related to the FAZ005 error, as there may be patches or updates that address known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing additional insights or solutions.
  
  By following these steps, you should be able to identify and resolve the cause of the FAZ005 error in your SAP system.