How To Fix VAL851 - Step Loss Allowance: Probability of default not found (&1/&2)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 851

• Message text: Step Loss Allowance: Probability of default not found (&1/&2)

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message VAL851 - Step Loss Allowance: Probability of default not found (&1/&2) ?

  The SAP error message VAL851, which states "Step Loss Allowance: Probability of default not found (&1/&2)," typically occurs in the context of credit risk management or financial calculations within the SAP system, particularly when dealing with loss allowances and risk assessments.
  Cause:
  The error indicates that the system is unable to find a probability of default (PD) value for the specified entity or scenario. This can happen due to several reasons:
  
  
  Missing Data: The required data for calculating the probability of default is not available in the system. This could be due to missing entries in the relevant tables or configurations.
  
  
  Incorrect Configuration: The configuration settings for the credit risk management module may not be set up correctly, leading to the inability to retrieve the necessary PD values.
  
  
  Data Inconsistency: There may be inconsistencies in the data that prevent the system from correctly identifying the probability of default for the specified parameters.
  
  
  Versioning Issues: If there are multiple versions of data or if the data has not been updated correctly, the system may not find the appropriate PD.
  
  
  Solution:
  To resolve the VAL851 error, you can take the following steps:
  
  
  Check Data Entries: Verify that the necessary data for the probability of default is correctly entered in the relevant tables. This may include checking the credit risk data, customer master data, or any other related datasets.
  
  
  Review Configuration: Ensure that the configuration settings for the credit risk management module are correctly set up. This includes checking the settings for loss allowances and the parameters used for calculating the probability of default.
  
  
  Update Data: If the data is outdated or missing, update the relevant tables with the correct probability of default values. This may involve running specific transactions or programs to refresh the data.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the configuration and data requirements for the probability of default.
  
  
  Check for Notes and Patches: Look for any SAP Notes or patches that may address this specific error or provide additional guidance on resolving it.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights based on the specific version of SAP you are using and any known issues.
  
  
  Related Information:
  
  SAP Modules: This error is often related to modules such as SAP Financial Services (FS) or SAP Risk Management.
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in checking or updating the data, such as transaction codes for credit management or risk assessment.
  Documentation: Review SAP Help Portal or community forums for additional insights and user experiences related to this error.
  
  By following these steps, you should be able to identify the root cause of the VAL851 error and implement the necessary solutions to resolve it.