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Message type: E = Error
Message class: THM_CENTRAL - Central messages for E-HA
Message number: 215
Message text: Enter a start date for the effectiveness test
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THM_CENTRAL215
- Enter a start date for the effectiveness test ?The SAP error message THM_CENTRAL215 ("Enter a start date for the effectiveness test") typically occurs in the context of the SAP Treasury and Risk Management module, particularly when dealing with effectiveness testing for hedging relationships.
Cause:
This error message indicates that the system requires a start date to perform an effectiveness test for a hedging relationship, but the date has not been provided. Effectiveness testing is essential for ensuring that the hedging relationship meets the criteria set by accounting standards (like IFRS or GAAP) for hedge accounting.
Solution:
To resolve this error, you need to provide a start date for the effectiveness test. Here are the steps you can follow:
Access the Effectiveness Test Screen: Navigate to the area in SAP where you are performing the effectiveness test for the hedging relationship.
Enter the Start Date: Look for the field labeled "Start Date" or similar. Enter a valid date that indicates when the effectiveness test should begin. This date should typically correspond to the start of the hedging relationship or the period you want to analyze.
Check Other Required Fields: Ensure that all other required fields are filled out correctly. Sometimes, missing information in other fields can also lead to errors.
Save and Execute: After entering the start date and verifying other fields, save your changes and attempt to execute the effectiveness test again.
Related Information:
Effectiveness Testing: This is a process used to assess whether a hedging relationship is effective in offsetting changes in the fair value or cash flows of the hedged item. It is a requirement for hedge accounting under various accounting standards.
Hedging Relationships: In SAP, hedging relationships are established to manage financial risks associated with fluctuations in interest rates, foreign exchange rates, and commodity prices.
Documentation: Refer to SAP documentation or your organization's internal guidelines for specific procedures related to effectiveness testing and hedge accounting.
SAP Notes: If the issue persists or if you encounter additional errors, check SAP Notes for any known issues or patches related to the THM module.
If you continue to experience difficulties, consider reaching out to your SAP support team or consulting with a financial expert familiar with SAP Treasury and Risk Management.
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