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

VAL851 - Overview

• 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

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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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