How To Fix THM_CENTRAL039 - Hedging Relationship Hedge Strategy is initial

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 039

• Message text: Hedging Relationship Hedge Strategy is initial

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message THM_CENTRAL039 - Hedging Relationship Hedge Strategy is initial ?

  The SAP error message THM_CENTRAL039 indicates that there is an issue with the hedging relationship in the context of hedge accounting. Specifically, the error states that the "Hedge Strategy is initial," which means that the system expects a defined hedge strategy for the hedging relationship, but it has not been set up or is missing.
  Cause:
  
  Missing Hedge Strategy: The hedging relationship has not been assigned a hedge strategy, which is necessary for the system to process the hedging relationship correctly.
  Configuration Issues: There may be issues in the configuration of the hedge accounting settings in the SAP system.
  Data Entry Errors: During the creation or modification of the hedging relationship, the hedge strategy field may have been left blank or incorrectly filled.
  
  Solution:
  
  
  Define Hedge Strategy:
  
  Navigate to the relevant transaction in SAP (usually in the Hedge Management module).
  Check the hedging relationship in question and ensure that a valid hedge strategy is assigned.
  If necessary, create a new hedge strategy or select an existing one that fits the requirements of the hedging relationship.
  
  
  
  Review Configuration:
  
  Ensure that the hedge accounting configuration is correctly set up in the system. This includes checking the settings for hedge strategies and ensuring they are properly defined in the system.
  Consult with your SAP configuration team or refer to the SAP documentation for guidance on setting up hedge strategies.
  
  
  
  Data Validation:
  
  Review the data entry for the hedging relationship to ensure that all required fields, including the hedge strategy, are filled out correctly.
  If you find any discrepancies, correct them and try to save or process the hedging relationship again.
  
  
  
  Related Information:
  
  Hedge Accounting: This is a method used in accounting to manage the risk associated with price fluctuations in financial instruments. It involves the use of derivatives to offset potential losses in investments.
  Hedge Strategy: This is a predefined approach that outlines how a company intends to manage its hedging activities. It typically includes details on the types of instruments used, the risk management objectives, and the accounting treatment.
  SAP Documentation: For more detailed information, refer to the SAP Help Portal or specific documentation related to the Treasury and Risk Management (TRM) module, which covers hedge accounting functionalities.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.