How To Fix FTR_TEX1408 - Term of hedge plan &1 not suited for due date &2 of exposure position

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TEX1 - Messages for raw exposures

• Message number: 408

• Message text: Term of hedge plan &1 not suited for due date &2 of exposure position

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TEX1408 - Term of hedge plan &1 not suited for due date &2 of exposure position ?

  The SAP error message FTR_TEX1408 indicates that there is an issue with the hedge plan associated with a specific exposure position. This error typically arises in the context of financial instruments and hedging transactions within the SAP system, particularly in the Treasury and Risk Management module.
  Cause:
  The error message is triggered when the term of the hedge plan (identified by &1) is not compatible with the due date (identified by &2) of the exposure position. This can happen for several reasons, including:
  
  Mismatched Dates: The due date of the exposure position falls outside the effective period of the hedge plan.
  Incorrect Hedge Plan Configuration: The hedge plan may not be set up correctly to cover the exposure position.
  Expired Hedge Plan: The hedge plan may have expired or been deactivated.
  Inconsistent Data: There may be inconsistencies in the data entered for the hedge plan or exposure position.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Hedge Plan Dates: Verify the start and end dates of the hedge plan. Ensure that the hedge plan is active and covers the due date of the exposure position.
  
  
  Review Exposure Position: Check the details of the exposure position, including its due date, to ensure it is correctly defined.
  
  
  Adjust Hedge Plan: If the hedge plan does not cover the exposure position, consider adjusting the hedge plan to extend its term or create a new hedge plan that aligns with the exposure position's due date.
  
  
  Data Consistency: Ensure that all relevant data is consistent and correctly entered in the system. This includes checking for any discrepancies in the configuration of the hedge plan and the exposure position.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on configuring hedge plans and exposure positions.
  
  
  Seek Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in Treasury and Risk Management.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing hedge plans and exposure positions, such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address known issues.
  Training and Documentation: Ensure that users involved in managing hedge plans and exposure positions are adequately trained and have access to up-to-date documentation.
  
  By following these steps, you should be able to identify the root cause of the error and implement a suitable solution.