How To Fix THM_CENTRAL226 - Calc. type for prospective effectiveness assessment has not been entered

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 226

• Message text: Calc. type for prospective effectiveness assessment has not been entered

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message THM_CENTRAL226 - Calc. type for prospective effectiveness assessment has not been entered ?

  The SAP error message THM_CENTRAL226 indicates that a calculation type for prospective effectiveness assessment has not been entered in the system. This error typically arises in the context of Treasury and Risk Management (TRM) when dealing with hedge accounting or similar financial instruments.
  Cause:
  The error occurs when the system expects a calculation type to be defined for assessing the effectiveness of a hedge or financial instrument, but it has not been specified. This can happen due to:
  
  Missing Configuration: The calculation type for prospective effectiveness assessment has not been set up in the system.
  Incomplete Master Data: The relevant master data for the financial instrument or hedge relationship may be incomplete or incorrectly configured.
  Transaction Settings: The specific transaction or hedge relationship may not have the necessary settings defined for effectiveness assessment.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for Treasury and Risk Management in your SAP system.
  Ensure that the calculation type for prospective effectiveness assessment is defined. This can typically be found in the customizing settings under:
  
  SPRO > Financial Supply Chain Management > Treasury and Risk Management > Hedge Management > Define Calculation Types for Effectiveness Assessment.
  
  
  
  
  
  Review Master Data:
  
  Check the master data for the financial instrument or hedge relationship that is causing the error.
  Ensure that all required fields, including the calculation type, are filled in correctly.
  
  
  
  Transaction Settings:
  
  Review the specific transaction or hedge relationship settings to ensure that they are configured to allow for effectiveness assessment.
  Make sure that the relevant parameters for the hedge relationship are correctly set.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on configuring effectiveness assessments in Treasury and Risk Management.
  
  
  
  Related Information:
  
  Hedge Accounting: Understanding the principles of hedge accounting and effectiveness assessments is crucial. Familiarize yourself with the relevant accounting standards (e.g., IFRS 9) that govern these assessments.
  SAP Notes: Check for any SAP Notes related to this error message or the configuration of effectiveness assessments, as they may provide additional insights or patches.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the issue related to the THM_CENTRAL226 error message in your SAP system.