How To Fix TE258 - Term of &3 calendar day(s) and annualization factor &4 determined

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 258

• Message text: Term of &3 calendar day(s) and annualization factor &4 determined

What causes this issue?

The holding period of the <LS>Value at Risk</> (or correspondingly the
random walk step size in the case of the <LS>Cash Flow at Risk</>) of
&V1& day(s) is given in terms counted in working days. However, the
correlations and volatilities are stored for terms counted in calendar
days. Therefore, the holding period of &V1& day(s) is converted into a
term of &V3& day(s) using the number of working days &V2& of the year
based on the calendar settings:
&V3& = &V1& * 365 / &V2&
Due to rounding effects, it is possible in the case of small holding
periods that the resulting term is equal to the holding period.
The volatilities are stored as annual volatilities. Consequently, the
volatilities are converted in accordance with holding period &V1&. This
is done by dividing the volatility by the annualization factor &V4&,
which is calculated as follows:
&V4& = SQRT( &V2& / &V1& )

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?

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 TE258 - Term of &3 calendar day(s) and annualization factor &4 determined ?

  The SAP error message TE258 typically relates to issues with the calculation of time-related data, particularly in the context of payroll or time management. This message indicates that the system has determined a specific term of calendar days and an annualization factor, which may not align with the expected values or configurations in your system.
  Cause:
  
  Configuration Issues: The error may arise from incorrect configuration settings in the payroll or time management module. This could include settings related to the annualization of salaries or the definition of calendar days.
  Data Entry Errors: Incorrect data entries in employee records, such as incorrect start or end dates, can lead to discrepancies in the calculations.
  Master Data Issues: Problems with employee master data, such as missing or incorrect information regarding employment status, can also trigger this error.
  Customizations: If there are custom developments or enhancements in your SAP system, they may interfere with standard calculations.
  
  Solution:
  
  Check Configuration: Review the configuration settings in the payroll or time management module. Ensure that the annualization factors and calendar day definitions are set correctly.
  Review Employee Data: Verify the employee master data for accuracy. Check for any missing or incorrect information that could affect the calculations.
  Analyze Payroll Results: If the error occurs during payroll processing, analyze the payroll results for the affected employee(s) to identify any anomalies.
  Consult Documentation: Refer to SAP documentation or notes related to the TE258 message for specific guidance on resolving the issue.
  Testing: If changes are made to configurations or data, conduct thorough testing to ensure that the issue is resolved and that no new issues arise.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to the TE258 error message. SAP frequently updates its knowledge base with solutions for common problems.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as PA30 (Maintain HR Master Data), PC00_MXX_CALC (Payroll Calculation), and others that may help in troubleshooting.
  Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to identify the root cause of the TE258 error and implement a suitable solution.