How To Fix THM_CENTRAL033 - Hedge Category field is initial

SAP Error Message - Details

• Message type: E = Error

• Message class: THM_CENTRAL - Central messages for E-HA

• Message number: 033

• Message text: Hedge Category field is initial

What causes this issue?

The possibility to automatically create<LS> Hedge Accounting for
Exposures</> data, i.e., Plan/Exposure/Transaction/Hedge/Hedging
Relationships is active. However, some required fields are incomplete.

System Response

<LS>Hedge Accounting</> data will not be created until all required
fields are completed.

How to fix this error?

Complete all required fields at this time. Otherwise, continue and
manually create the <LS>Hedge Accounting</> data using transaction
<ZH>THMEX</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message THM_CENTRAL033 - Hedge Category field is initial ?

  The SAP error message THM_CENTRAL033 indicates that the Hedge Category field is initial (i.e., it has not been filled in). This error typically occurs in the context of Treasury and Risk Management (TRM) when dealing with hedging transactions.
  Cause:
  The error arises when a transaction or document that requires a Hedge Category does not have this field populated. The Hedge Category is essential for classifying the type of hedging relationship and is necessary for proper accounting and reporting of hedging activities.
  Solution:
  To resolve this error, you should take the following steps:
  
  
  Check the Transaction: Review the transaction or document that triggered the error. Ensure that the Hedge Category field is filled in correctly.
  
  
  Maintain Hedge Categories:
  
  Navigate to the configuration settings for Hedge Categories in your SAP system.
  Ensure that the necessary Hedge Categories are defined and active.
  If you need to create a new Hedge Category, you can do so in the configuration settings.
  
  
  
  Update the Document: If the Hedge Category was missing in a specific document, you can update the document to include the appropriate Hedge Category. This can usually be done in the transaction where the document was created.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on Hedge Categories and their configuration.
  
  
  User Authorization: Ensure that you have the necessary authorizations to make changes to Hedge Categories or related transactions.
  
  
  Testing: After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  Related Information:
  
  Hedge Accounting: Understanding the principles of hedge accounting can help in correctly categorizing hedging relationships.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  Training: If you are unfamiliar with Hedge Categories, consider training or consulting with a colleague who has expertise in Treasury and Risk Management.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Treasury and Risk Management.