How To Fix VAL852 - Step Loss Allowance: Loss given default not found (&1/&2)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 852

• Message text: Step Loss Allowance: Loss given 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 VAL852 - Step Loss Allowance: Loss given default not found (&1/&2) ?

  The SAP error message VAL852, which states "Step Loss Allowance: Loss given default not found (&1/&2)," typically occurs in the context of credit risk management and valuation processes within SAP systems, particularly in the Financial Services sector. This error indicates that the system is unable to find the necessary Loss Given Default (LGD) data for a specific transaction or portfolio.
  Cause:
  
  Missing LGD Data: The most common cause of this error is that the Loss Given Default data for the specified entity (e.g., loan, credit exposure) is not available in the system.
  Incorrect Configuration: There may be issues with the configuration of the credit risk management module, leading to the inability to retrieve the required LGD data.
  Data Inconsistency: There could be inconsistencies or errors in the underlying data that prevent the system from accessing the LGD values.
  Incorrect Parameters: The parameters or identifiers (&1 and &2) provided in the error message may not correspond to valid entries in the database.
  
  Solution:
  
  Check LGD Data: Verify that the Loss Given Default data is correctly entered and available in the system for the relevant entities. This may involve checking the data in the relevant tables or modules.
  Review Configuration: Ensure that the configuration settings for the credit risk management module are correct. This includes checking the settings for LGD calculations and ensuring that all necessary data sources are properly linked.
  Data Consistency Checks: Perform data consistency checks to identify any discrepancies or missing data that could be causing the issue. This may involve running reports or queries to validate the data.
  Parameter Validation: Check the parameters (&1 and &2) mentioned in the error message to ensure they are correct and correspond to valid entries in the system.
  Consult Documentation: Refer to SAP documentation or support notes related to the specific version of the software you are using for any additional troubleshooting steps or known issues.
  Contact SAP Support: If the issue persists after performing the above checks, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration or version.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide guidance on LGD data management.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to credit risk management and LGD calculations (e.g., transaction codes for risk analysis, data maintenance).
  Training and Documentation: Ensure that users involved in data entry and configuration are adequately trained and have access to documentation regarding LGD and credit risk management processes.
  
  By following these steps, you should be able to identify and resolve the issue related to the VAL852 error message in your SAP system.