How To Fix T1272 - An underlying already exists with currency USD

T1272 - Overview

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 272

• Message text: An underlying already exists with currency USD

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message T1272 - An underlying already exists with currency USD ?

  The SAP error message T1272, which states "An underlying already exists with currency USD," typically occurs in the context of financial transactions, particularly when dealing with derivatives, hedging, or financial instruments in SAP's Treasury and Risk Management module. This error indicates that there is already an existing underlying transaction (such as a hedge or a financial instrument) that has been recorded in the system with the same currency (in this case, USD).
  
  Cause:
  
  Duplicate Entry: The most common cause of this error is an attempt to create a new underlying transaction that duplicates an existing one with the same currency.
  Incorrect Data Entry: There may be a mistake in the data entry process, leading to the creation of a transaction that conflicts with an existing one.
  
  Configuration Issues: There may be issues with the configuration of the financial instruments or the underlying transactions in the system.
  
  
  Solution:
  
  Check Existing Transactions: Review the existing underlying transactions in