How To Fix THM_EXPIRE004 - Hedging relationship has already been settled (derivative was settled).

SAP Error Message - Details

• Message type: E = Error

• Message class: THM_EXPIRE - Hedging relationship expiration messages

• Message number: 004

• Message text: Hedging relationship has already been settled (derivative was settled).

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message THM_EXPIRE004 - Hedging relationship has already been settled (derivative was settled). ?

  The SAP error message THM_EXPIRE004 indicates that a hedging relationship has already been settled, meaning that the associated derivative has been settled in the system. This typically occurs in the context of hedge accounting within SAP Treasury and Risk Management (TRM) when you attempt to perform an action on a hedging relationship that is no longer valid because the underlying derivative has already been settled.
  Cause:
  
  Settlement of Derivative: The primary cause of this error is that the derivative linked to the hedging relationship has already been settled. Once a derivative is settled, it cannot be used for further hedging activities.
  Incorrect Transaction: You may be trying to perform a transaction (like closing or modifying the hedging relationship) that is not allowed after the settlement of the derivative.
  Data Integrity Issues: There may be inconsistencies in the data or the status of the hedging relationship and the associated derivative.
  
  Solution:
  
  Check Settlement Status: Verify the status of the derivative linked to the hedging relationship. If it has been settled, you will need to assess whether any further actions are necessary or possible.
  Review Hedging Relationship: If you need to make changes or close the hedging relationship, ensure that you are working with the correct data and that the relationship is still active.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling settled derivatives and hedging relationships.
  Use Transaction Codes: Utilize relevant transaction codes (like TPM1, TPM2, etc.) to review the details of the hedging relationship and the associated derivative.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with SAP experts who can provide assistance based on your specific configuration and business processes.
  
  Related Information:
  
  Hedge Accounting: Understand the principles of hedge accounting and how derivatives are used to manage financial risk.
  SAP Treasury and Risk Management: Familiarize yourself with the functionalities of SAP TRM, including how to manage hedging relationships and derivatives.
  Error Handling: Learn about common error messages in SAP and how to troubleshoot them effectively.
  
  By following these steps, you should be able to address the THM_EXPIRE004 error and ensure that your hedging relationships and derivatives are managed correctly within SAP.