 Solution

The canonical Kähler potential gives $e^K=e^{|z{|}^2}$ and inverse Kähler metric one. Substituting the superpotential and its Kähler covariant derivative of a superpotential into the supergravity F-term potential yieldsFor real $m$, the prefactor is simply $m^4$; the modulus form also covers a complex phase. To keep both scalar directions explicit, write $z=x+iy$ and $P=1+x^2+y^2+\beta x$. ThenThe negative term is essential: unlike the global F-term scalar potential, the supergravity F-term potential need not be nonnegative. This is why cancelling the cosmological constant does not force the auxiliary field to vanish.