How To Fix TE423 - User-specific VaR determination algorithm does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 423

• Message text: User-specific VaR determination algorithm does not exist

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TE423 - User-specific VaR determination algorithm does not exist ?

  The SAP error message TE423, which states "User-specific VaR determination algorithm does not exist," typically occurs in the context of Value at Risk (VaR) calculations in SAP systems, particularly in the Financial Services sector or when using SAP's Risk Management module.
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Missing Configuration: The user-specific VaR determination algorithm has not been defined in the system. This could happen if the necessary settings were not completed during the configuration of the Risk Management module.
  
  
  User Profile Issues: The user profile may not be correctly set up to reference a valid VaR determination algorithm. This can occur if the user has not been assigned the appropriate settings or if the settings have been changed or deleted.
  
  
  Authorization Issues: The user may not have the necessary authorizations to access the VaR determination algorithm.
  
  
  Solution:
  To resolve the TE423 error, you can follow these steps:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for VaR determination in your SAP system.
  Ensure that a user-specific VaR determination algorithm is defined. This can typically be found in the customizing settings under Risk Management.
  
  
  
  Assign Algorithm to User:
  
  Go to the user profile settings and check if the user has been assigned a valid VaR determination algorithm.
  If not, assign the appropriate algorithm to the user.
  
  
  
  Review Authorizations:
  
  Check the user's authorization profile to ensure they have the necessary permissions to access the VaR determination algorithm.
  If required, update the authorization roles to include access to the relevant transactions and data.
  
  
  
  Consult Documentation:
  
  Refer to the SAP documentation or help resources for specific instructions on configuring VaR determination algorithms and user profiles.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes related to TE423 for any specific fixes or updates that may address this issue.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO for configuration, SU01 for user management, and PFCG for role management.
  Documentation: Review the SAP Help Portal for detailed documentation on Risk Management and VaR calculations.
  
  By following these steps, you should be able to identify and resolve the cause of the TE423 error in your SAP system.