How To Fix VAL857 - Probability of default not found due to missing default type group

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 857

• Message text: Probability of default not found due to missing default type group

What causes this issue?

The system could not determine the probability of default since the
default type group is missing.

System Response

You get this error message because the default type group has not been
maintained<LS> </>in Customizing.

How to fix this error?

Enter the default type group in Customizing activity
<DS:SIMG.TRPAV_PS_CL_ODR>Define the Position Classifier Order</>
(maintenance view: TRPAV_PS_CL_ODR).

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.