How To Fix RECDIFRS019 - Default present value must be less than total liabilities


RECDIFRS019 - Overview

  • Message type: E = Error

  • Message class: RECDIFRS - Messages: IFRS Calculation

  • Message number: 019

  • Message text: Default present value must be less than total liabilities

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  • Self-Explanatory Message

    Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

    To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

    Unfortunately, there isn't any extra information in this error notice.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message RECDIFRS019 - Default present value must be less than total liabilities ?
    The SAP error message RECDIFRS019, which states "Default present value must be less than total liabilities," typically occurs in the context of financial reporting, particularly when dealing with pension liabilities or other long-term obligations in the SAP system. This error indicates that the present value of the default (or the expected future cash flows) exceeds the total liabilities recorded in the system, which is not a valid scenario.
    
    Cause: Data Entry Errors: Incorrect data may have been entered for either the present value of the default or the total liabilities. Calculation Issues: There may be a problem with the calculations used to derive the present value or total liabilities, possibly due to incorrect assumptions or parameters.
    Configuration Issues: The configuration settings in the SAP system related to financial reporting or liability calculations may not be set up correctly. Inconsistent Data: The data used for calculating present value and total liabilities may come from different sources

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