How To Fix TE711 - No beta factor determined for index &, stock class &, date &

TE711 - Overview

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 711

• Message text: No beta factor determined for index &, stock class &, date &

What causes this issue?

No beta factor exists for the combination of securities index &V1&,
stock class &V2& and date &V3&. The most recent beta factor is used
instead.

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?

Maintain the beta factor for the specified date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TE711 - No beta factor determined for index &, stock class &, date & ?

  The SAP error message TE711 "No beta factor determined for index &, stock class &, date &" typically occurs in the context of inventory management and valuation, particularly when dealing with the calculation of stock values based on indices or beta factors. This error indicates that the system is unable to find a beta factor for the specified index and stock class on the given date.
  
  Cause:
  
  Missing Beta Factor: The primary cause of this error is that there is no beta factor defined for the specified index and stock class combination in the system.
  Incorrect Date: The date specified may not have a corresponding beta factor defined in the system.
  
  Configuration Issues: There may be issues with the configuration of the valuation methods or indices in the system.
  Data Entry Errors: There could be a mistake in the data entry for the index, stock class, or date.
  
  
  Solution:
  
  
  Check Beta Factor Configuration:
  
  Navigate to the configuration settings