How To Fix VAL008 - No NPV type is defined for security valuation procedure &1

VAL008 - Overview

• Message type: E = Error

• Message class: VAL - Treasury: Messages for General Valuation

• Message number: 008

• Message text: No NPV type is defined for security valuation procedure &1

What causes this issue?

You want to use security valuation procedure &V1& to value a loans
position or a position for an OTC transaction. However, for the system
to be able to determine the NPV of the position, an NPV type is
required.

System Response

The activity is terminated.

How to fix this error?

Store an NPV type for the security valuation procedure.

Procedure for System Administrators

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message VAL008 - No NPV type is defined for security valuation procedure &1 ?

  The SAP error message VAL008 indicates that there is no Net Present Value (NPV) type defined for the security valuation procedure specified in the error message. This typically occurs in the context of financial instruments and their valuation in SAP systems, particularly in the Asset Management or Financial Accounting modules.
  
  Cause:
  
  Missing Configuration: The primary cause of this error is that the NPV type has not been defined for the specified security valuation procedure in the system configuration.
  Incorrect Valuation Procedure: The valuation procedure being referenced may not be set up correctly or may not have the necessary NPV type associated with it.
  Data Inconsistency: There may be inconsistencies in the data or configuration settings related to the security or valuation procedure.
  
  
  Solution:
  To resolve the VAL008 error, you can follow these steps:
  
  
  Check Valuation Procedure:
  
  Go to the transaction code OAVC (or the relevant configuration transaction for your version of SAP).
  Check the configuration for the security valuation