How To Fix THM_EXPIRE516 - Premature settlement not supported for this product type

THM_EXPIRE516 - Overview

• Message type: E = Error

• Message class: THM_EXPIRE - Hedging relationship expiration messages

• Message number: 516

• Message text: Premature settlement not supported for this product type

Self-Explanatory Message

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THM_EXPIRE516 - Details

• The SAP error message THM_EXPIRE516 indicates that a premature settlement is not supported for a specific product type in the Treasury and Risk Management (TRM) module. This error typically arises when attempting to settle a financial instrument or transaction before its scheduled maturity or settlement date, which is not allowed for certain product types.
  
  Cause:
  
  Product Type Restrictions: Certain financial products, such as derivatives or structured products, may have specific rules that prevent premature settlement. This is often due to the nature of the product and the associated risks.
  Configuration Settings: The system may be configured in a way that does not allow for early settlements for the particular product type you are working with.
  Transaction Status: The transaction may not be in a state that allows for premature settlement, such as being already settled or in a closed status.
  
  
  Solution:
  
  Check Product Type: Verify the product type you are trying to settle. Consult the documentation