How To Fix FTOE_CORE030 - No risk currencies are specified in hedging area &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTOE_CORE -

• Message number: 030

• Message text: No risk currencies are specified in hedging area &1

What causes this issue?

The list of hedging-relevant currencies in the hedging area is empty.

System Response

Data for all currencies except the risk-free currency is selected.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTOE_CORE030 - No risk currencies are specified in hedging area &1 ?

  The SAP error message FTOE_CORE030 indicates that there are no risk currencies specified in the hedging area you are trying to work with. This error typically occurs in the context of financial transactions, particularly in the area of hedging and risk management within SAP Treasury and Risk Management (TRM).
  Cause:
  The error is caused by the absence of defined risk currencies in the specified hedging area. Risk currencies are essential for managing foreign exchange risks and are used in various financial instruments and hedging strategies. If the hedging area does not have any risk currencies assigned, the system cannot process transactions related to hedging.
  Solution:
  To resolve this error, you need to ensure that risk currencies are defined for the specified hedging area. Here are the steps to do this:
  
  
  Access the Hedging Area Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the configuration for Treasury and Risk Management.
  
  
  
  Define Risk Currencies:
  
  Find the transaction or configuration path for managing hedging areas (usually under "Hedging" or "Risk Management").
  Select the hedging area that is causing the error.
  Check the settings for risk currencies and ensure that at least one risk currency is defined.
  
  
  
  Add Risk Currencies:
  
  If no risk currencies are defined, you will need to add them. This typically involves specifying the currency codes that are relevant for your hedging activities.
  Save your changes.
  
  
  
  Test the Configuration:
  
  After adding the necessary risk currencies, try to execute the transaction again that previously resulted in the error.
  
  
  
  Related Information:
  
  Hedging Area: A hedging area in SAP is a structure that allows you to manage and monitor financial risks associated with foreign exchange, interest rates, and commodities.
  Risk Currencies: These are currencies that are subject to risk and are used in hedging transactions to mitigate potential losses due to currency fluctuations.
  SAP Documentation: For more detailed information, refer to the SAP Help Portal or the specific documentation related to SAP Treasury and Risk Management.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Treasury and Risk Management for further assistance.