How To Fix FTBCVA032 - No reference entity found for business partner &1

FTBCVA032 - Overview

• Message type: E = Error

• Message class: FTBCVA - Credit Value Adjustment

• Message number: 032

• Message text: No reference entity found for business partner &1

What causes this issue?

A reference entity for the business partner is required in order to
access credit spread market data, which in turn is required to calculate
the product of probability of default and loss given default. However,
no reference entity was found for the business partner.

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?

Maintain reference entities for business partners using the functions
<LS>Maintain Reference Entities</> (transaction
<DS:TRAN.RMRE>RMRE</>) and <LS>Create Reference Entities for Business
Partners</> (transaction
<DS:TRAN.RMREBP>RMREBP</>). The indicator <LS>Curve</> has to be set.
Alternatively, if no credit spread market data is available for a
particular business partner, you can assign it to a reference entity
representing, a rating for example, using function <LS>Assign Reference
Entities to Business Partners</> (transaction
<DS:TRAN.RMBPRE_ASSIGN>RMBPRE_ASSIGN</>).

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 FTBCVA032 - No reference entity found for business partner &1 ?

  The SAP error message FTBCVA032, which states "No reference entity found for business partner &1," typically occurs in the context of financial transactions or business partner management within the SAP system. This error indicates that the system is unable to find a reference entity (such as a customer, vendor, or other business partner) associated with the specified business partner ID.
  Causes:
  
  Missing Business Partner Data: The business partner may not be fully set up in the system, meaning that required data is missing.
  Incorrect Business Partner ID: The ID provided may be incorrect or does not exist in the system.
  Data Synchronization Issues: There may be issues with data synchronization between different modules or systems, leading to missing references.
  
  Configuration Issues: The configuration settings for business partner management may not be correctly set up, leading to the inability to find the reference entity.
  Authorization Issues: The user may not have the necessary authorizations to view or