How To Fix THM_CENTRAL035 - Hedging Relationship Start Date is initial

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 035

• Message text: Hedging Relationship Start Date is initial

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message THM_CENTRAL035 - Hedging Relationship Start Date is initial ?

  The SAP error message THM_CENTRAL035 indicates that the hedging relationship start date is not set (i.e., it is initial or empty). This error typically occurs in the context of hedge accounting in SAP Treasury and Risk Management (TRM) when you are trying to create or manage a hedging relationship without specifying a valid start date.
  Cause:
  
  Missing Start Date: The primary cause of this error is that the start date for the hedging relationship has not been defined. This date is crucial as it indicates when the hedging relationship becomes effective.
  Incorrect Data Entry: There may have been an oversight during data entry, leading to the omission of the start date.
  Configuration Issues: In some cases, the system configuration may not enforce the requirement for a start date, leading to inconsistencies.
  
  Solution:
  To resolve the error, you should take the following steps:
  
  
  Check the Hedging Relationship:
  
  Navigate to the transaction or screen where you are managing the hedging relationship.
  Ensure that the start date field is filled in with a valid date. This date should reflect when the hedging relationship is intended to start.
  
  
  
  Update the Hedging Relationship:
  
  If the hedging relationship already exists, you may need to edit it to include the start date.
  Save the changes after entering the correct start date.
  
  
  
  Validation:
  
  After entering the start date, validate the hedging relationship to ensure that all required fields are correctly filled out and that there are no other errors.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct start date or the implications of setting it, refer to the SAP documentation or consult with your SAP functional consultant.
  
  
  
  System Configuration:
  
  If this issue persists or if you find that the system does not enforce the requirement for a start date, you may need to review the configuration settings in the SAP system related to hedge accounting.
  
  
  
  Related Information:
  
  Hedge Accounting: Understanding the principles of hedge accounting is essential, as it involves managing financial risks associated with fluctuations in currency exchange rates, interest rates, and commodity prices.
  SAP Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing hedging relationships, such as:
  
  TPM1: Create Hedging Relationship
  TPM2: Change Hedging Relationship
  TPM3: Display Hedging Relationship
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address known issues.
  
  By following these steps, you should be able to resolve the THM_CENTRAL035 error and successfully manage your hedging relationships in SAP.