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

TE423 - Overview

• 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

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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TE423 - Details

• 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