How To Fix T1216 - Fixing date cannot fall after start of hedging period

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 216

• Message text: Fixing date cannot fall after start of hedging period

What causes this issue?

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.

How to fix this error?

Enter a negative value in the 'Fixing date' field, or leave it blank.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 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 inputted.
  
  Solution:
  
  Check Dates: Review the fixing date and the start date of the hedging period. Ensure that the fixing date is set to a date that is on or before the start of the hedging period.
  Adjust Dates: If the fixing date is incorrect, adjust it to fall within the acceptable range. You may need to change the hedging period start date if it is flexible and can accommodate the fixing date.
  Review Configuration: If this is a recurring issue, review the configuration settings for the hedging relationship in SAP. Ensure that the parameters are set correctly to avoid future discrepancies.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on setting up hedging relationships and fixing dates.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional context on hedging configurations.
  Transaction Codes: Familiarize yourself with transaction codes related to Treasury and Risk Management, such as TPM1 for creating hedging relationships or TPM2 for managing them.
  User Roles: Ensure that the user has the appropriate permissions to make changes to hedging relationships and financial instruments.
  Testing: After making adjustments, test the changes in a development or quality assurance environment before applying them in production to ensure that the error is resolved.
  
  By following these steps, you should be able to resolve the T1216 error and ensure that your hedging transactions are correctly configured in SAP.