How To Fix FTR0705 - Hedging class. &1 does not match hedging class. &2 of hedge request.

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 705

• Message text: Hedging class. &1 does not match hedging class. &2 of hedge request.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0705 - Hedging class. &1 does not match hedging class. &2 of hedge request. ?

  The SAP error message FTR0705 indicates a mismatch between the hedging class of a financial instrument and the hedging class defined in a hedge request. This error typically arises in the context of financial risk management, particularly when dealing with hedging transactions in SAP Treasury and Risk Management (TRM).
  Cause:
  The error occurs when:
  
  The hedging class assigned to a financial instrument (e.g., a derivative or a financial contract) does not match the hedging class specified in the hedge request.
  There may be a configuration issue where the hedging classes are not properly defined or linked in the system.
  The user may have selected the wrong hedging class when creating the hedge request.
  
  Solution:
  To resolve the FTR0705 error, you can take the following steps:
  
  
  Check Hedging Class Configuration:
  
  Verify the configuration of hedging classes in the SAP system. Ensure that the hedging classes are correctly defined and that the financial instruments are assigned to the appropriate classes.
  
  
  
  Review Hedge Request:
  
  Open the hedge request that triggered the error and check the hedging class specified. Ensure that it matches the hedging class of the financial instrument you are trying to hedge.
  
  
  
  Adjust Hedging Class:
  
  If there is a mismatch, you may need to adjust the hedging class in either the hedge request or the financial instrument to ensure they align.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on hedging classes and their configuration.
  
  
  
  User Training:
  
  Ensure that users involved in creating hedge requests are trained on the importance of selecting the correct hedging class.
  
  
  
  System Check:
  
  If the issue persists, it may be necessary to check for any system errors or inconsistencies. In some cases, consulting with your SAP support team or a technical consultant may be required.
  
  
  
  Related Information:
  
  Hedging Class: A classification used in SAP to group financial instruments based on their risk management characteristics. It helps in managing and reporting hedging activities.
  SAP Treasury and Risk Management (TRM): A module in SAP that provides tools for managing financial risks, including hedging strategies.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing hedging requests and financial instruments, such as FTR_CREATE (Create Hedge Request) and FTR_DISPLAY (Display Hedge Request).
  
  By following these steps, you should be able to identify and resolve the cause of the FTR0705 error in your SAP system.