How To Fix HD037 - Underlying already allocated to this hedge

SAP Error Message - Details

• Message type: E = Error

• Message class: HD - Messages for forex hedging

• Message number: 037

• Message text: Underlying already allocated to this hedge

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.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message HD037 - Underlying already allocated to this hedge ?

  The SAP error message HD037, which states "Underlying already allocated to this hedge," typically occurs in the context of hedge accounting within SAP's Financial Supply Chain Management (FSCM) or Treasury modules. This error indicates that the underlying asset or liability you are trying to allocate to a hedge transaction has already been allocated to another hedge.
  Cause:
  
  Duplicate Allocation: The underlying instrument (e.g., a financial asset or liability) has already been linked to a different hedge transaction.
  Incorrect Hedge Configuration: The hedge configuration may not allow for multiple allocations of the same underlying to different hedges.
  Data Entry Error: There may be a mistake in the data entry process, where the same underlying is being selected for multiple hedges unintentionally.
  
  Solution:
  
  Check Existing Allocations: Review the existing hedge transactions to see where the underlying is already allocated. You can do this by navigating to the hedge accounting transactions and checking the allocation details.
  Reallocate or Adjust: If the underlying is indeed allocated to another hedge, you may need to either:
  
  Reallocate the underlying to the new hedge if it is appropriate to do so.
  Adjust the existing hedge transaction to accommodate the new allocation if necessary.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines on hedge accounting to ensure compliance with accounting standards and practices.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in hedge accounting.
  
  Related Information:
  
  Hedge Accounting: Understand the principles of hedge accounting, including the types of hedges (fair value hedges, cash flow hedges, etc.) and the requirements for effective hedging relationships.
  SAP Transaction Codes: Familiarize yourself with relevant SAP transaction codes that pertain to hedge accounting, such as:
  
  Hedge Management: Transaction codes like "HEDG" for managing hedges.
  Reporting: Use transaction codes for reporting on hedge effectiveness and allocations.
  
  
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  
  By following these steps, you should be able to identify the cause of the HD037 error and take appropriate action to resolve it.