How To Fix VAL855 - Loss given default: &1

VAL855 - Overview

• Message type: E = Error

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

• Message number: 855

• Message text: Loss given default: &1

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message VAL855 - Loss given default: &1 ?

  The SAP error message VAL855, which states "Loss given default: &1," typically relates to issues in the context of credit risk management, particularly in the calculation of Loss Given Default (LGD) in the SAP Financial Services (FS) module. This error can occur during the execution of risk assessment processes, such as when calculating credit risk parameters for financial instruments.
  
  Cause:
  The error message VAL855 can be triggered by several factors, including:
  
  
  Missing Data: The required data for calculating LGD may be incomplete or missing. This could include information about defaults, recoveries, or other relevant financial metrics.
  
  
  Incorrect Configuration: The configuration settings for the risk assessment or credit management module may not be set up correctly, leading to issues in the calculation process.
  
  
  Data Quality Issues: There may be inconsistencies or inaccuracies in the data being used for the calculations, such as incorrect values or formats.
  
  
  Calculation Logic Errors: There could be issues in the underlying logic