How To Fix FTBCVA034 - No transactions with positive NPV: CVA is discarded

FTBCVA034 - Overview

• Message type: E = Error

• Message class: FTBCVA - Credit Value Adjustment

• Message number: 034

• Message text: No transactions with positive NPV: CVA is discarded

What causes this issue?

According to the allocation method <LS>net relative fair value approach
</> , the CVA of a netting group should be distributed to those
financial transactions within the netting group which have a positive
fair value. However, in this case no such financial transaction exists.

System Response

CVA is set to zero for all financial transactions, as none of them
represents an asset, even though the CVA of the netting group is not
zero.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTBCVA034 - No transactions with positive NPV: CVA is discarded ?

  The SAP error message FTBCVA034, which states "No transactions with positive NPV: CVA is discarded," typically occurs in the context of Credit Valuation Adjustment (CVA) calculations in SAP's Financial Services module. This error indicates that the system did not find any transactions that have a positive Net Present Value (NPV) for the CVA calculation, leading to the CVA being discarded.
  
  Cause:
  
  
  No Positive NPV Transactions: The primary cause of this error is that there are no transactions in the portfolio that yield a positive NPV. This can happen if:
  
  The cash flows from the transactions are not favorable.
  The discount rates applied to the cash flows result in a negative or zero NPV.
  There are no active transactions or the transactions are not properly configured.
  
  
  
  Incorrect Configuration: The configuration settings for the CVA calculation might not be set up correctly, leading to the system not recognizing any transactions as valid for the calculation.
  
  
  Data Issues: There may