Message type: E = Error
Message class: T1 - Financial instruments
Message number: 216
Message text: Fixing date cannot fall after start of hedging period
You have entered a positive value for calculating the fixing date. The
fixing date can only be before or on the date the hedging period
begins.
Enter a negative value in the 'Fixing date' field, or leave it blank.
Error message extract from SAP system. Copyright SAP SE.
T1216
- Fixing date cannot fall after start of hedging period ?The SAP error message T1216, "Fixing date cannot fall after start of hedging period," typically occurs in the context of financial transactions, particularly when dealing with hedging instruments in SAP's Treasury and Risk Management module. This error indicates that there is a mismatch between the fixing date of a financial instrument and the start date of the hedging period.
Cause: Fixing Date Issue: The fixing date is the date on which the rate or price is determined for the hedging instrument. If this date is set to a time that is after the start of the hedging period, it violates the logical sequence of events in financial transactions. Hedging Period Configuration: The hedging period is defined in the configuration of the hedging relationship. If the fixing date is not aligned with the hedging period, this error will occur. Data Entry Error: There may be a simple data entry error where the dates were incorrectly
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