Message type: E = Error
Message class: TE - Market Risk Management
Message number: 424
Message text: Current NPV is 0. No Value at Risk available.
If the current NPV = 0, the divisor in the calculation is zero. For
this reason no value at risk is available.
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Error message extract from SAP system. Copyright SAP SE.
TE424
- Current NPV is 0. No Value at Risk available. ?The SAP error message TE424, which states "Current NPV is 0. No Value at Risk available," typically occurs in the context of financial transactions or risk management within SAP systems, particularly in modules related to Treasury and Risk Management (TRM).
Cause: Zero Net Present Value (NPV): The error indicates that the current NPV of the financial transaction or portfolio is zero. This can happen if: The cash flows associated with the transaction are balanced (i.e., inflows equal outflows). There are no cash flows or the cash flows are not properly defined. The discount rate used for calculating NPV is not appropriate or is set to zero. Data Issues: There may be missing or incorrect data in the transaction or portfolio that prevents the system from calculating a valid NPV.
Configuration Issues: The system may not be properly configured to calculate NPV or Value at Risk (VaR) for the specific financial instruments being analyzed.
Solution: Check Cash Flows: Review the
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