How To Fix VAL501 - Enter a CVA/DVA type or do not select netting groups

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 501

• Message text: Enter a CVA/DVA type or do not select netting groups

What causes this issue?

You have set the <LS>Select Netting Groups</> indicator, but not entered
a CVA/DVA type. This parameter combination is not allowed.

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?

If you want to calculate CVA/DVA on the netting group level, set the
<LS>Select Netting Groups</> indicator and enter a CVA/DVA type.
If you want to calculate risk-free NPVs only, excluding CVA/DVA, leave
the <LS>CVA/DVA Type</> field empty. In this case, netting groups are
irrelevant and calculations are performed on the single transaction
level. For this reason, you do not set the <LS>Select Netting Groups</>
indicator.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.