How To Fix THM_EXPOSURE034 - Select a hedge strategy

SAP Error Message - Details

• Message type: E = Error

• Message class: THM_EXPOSURE - E-Hedge Accounting: Exposure

• Message number: 034

• Message text: Select a hedge strategy

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_EXPOSURE034 - Select a hedge strategy ?

  The SAP error message THM_EXPOSURE034 typically indicates that a hedge strategy needs to be selected in the context of hedge management within the SAP Treasury and Risk Management (TRM) module. This error often arises when a user attempts to execute a transaction related to hedging without having specified a valid hedge strategy.
  Cause:
  The error occurs due to one of the following reasons:
  
  Missing Hedge Strategy: The user has not selected a hedge strategy for the transaction.
  Incorrect Configuration: The hedge strategies may not be properly configured in the system.
  Transaction Context: The transaction being executed requires a hedge strategy that is not applicable or not available for the current context.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Select a Hedge Strategy:
  
  Navigate to the relevant transaction where the error occurred.
  Look for a field or option to select a hedge strategy.
  Choose an appropriate hedge strategy from the available options.
  
  
  
  Check Configuration:
  
  Ensure that the hedge strategies are correctly configured in the system.
  Go to the configuration settings in the SAP TRM module and verify that the hedge strategies are defined and active.
  
  
  
  Review Transaction Requirements:
  
  Check the documentation or help resources for the specific transaction you are trying to execute to understand the requirements for hedge strategies.
  Ensure that the selected hedge strategy aligns with the type of transaction you are processing.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after trying the above steps, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  
  
  Related Information:
  
  Hedge Strategies: These are predefined methods or approaches used to mitigate financial risks associated with market fluctuations. They can include various financial instruments and techniques.
  SAP Treasury and Risk Management (TRM): This module helps organizations manage their financial risks, including currency, interest rate, and commodity risks, through effective hedging strategies.
  Documentation: Refer to SAP Help Portal or specific SAP documentation for detailed guidance on hedge management and configuration.
  
  By following these steps, you should be able to resolve the THM_EXPOSURE034 error and proceed with your transaction in SAP.