How To Fix TE414 - Current NPV is 0. No relative shift available.

TE414 - Overview

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 414

• Message text: Current NPV is 0. No relative shift available.

What causes this issue?

If the current NPV = 0, the divisor in the calculation is zero. For
this reason no calculation of relative change is possible.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TE414 - Current NPV is 0. No relative shift available. ?

  The SAP error message TE414 "Current NPV is 0. No relative shift available." typically occurs in the context of Treasury and Risk Management, particularly when dealing with financial instruments or cash flow valuations. This error indicates that the Net Present Value (NPV) of a financial transaction or cash flow is zero, which means that there is no basis for calculating a relative shift in the valuation.
  Causes:
  
  Zero Cash Flows: The cash flows associated with the financial instrument may be zero, leading to an NPV of zero.
  Incorrect Valuation Parameters: The parameters used for the valuation (such as interest rates, discount rates, or cash flow timings) may be incorrectly set or missing.
  Data Entry Errors: There may be errors in the data entered for the financial instrument, such as incorrect amounts or dates.
  Market Conditions: In some cases, market conditions may lead to a situation where the expected cash flows do not yield a positive