How To Fix VAL507 - Enter an appropriate 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: 507

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

What causes this issue?

You have set the <LS>Select Netting Groups</> indicator, but you have
entered a CVA/DVA type that ignores the assignment of financial
transactions to netting groups. 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 that
does not ignore the assignment of financial transactions to netting
groups.
If you want to calculate NPVs including CVA/DVA while ignoring the
netting groups, enter a CVA/DVA type that ignores the assignment of
financial transactions to netting groups. In this case, netting groups
are irrelevant, and calculations are performed on the level of
single financial transactions. 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.