How To Fix THM_EXPOSURE188 - You cannot create hedge plans in company code &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 188

• Message text: You cannot create hedge plans in company code &1

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_EXPOSURE188 - You cannot create hedge plans in company code &1 ?

  The SAP error message THM_EXPOSURE188 indicates that you cannot create hedge plans in a specific company code. This error typically arises in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedging activities.
  Cause:
  The error can be caused by several factors, including:
  
  
  Company Code Configuration: The company code may not be properly configured for hedge accounting. This could include missing settings related to hedge management or treasury management.
  
  
  Hedge Accounting Settings: The hedge accounting settings for the company code may not be activated or may not meet the necessary criteria for creating hedge plans.
  
  
  Authorization Issues: The user may not have the necessary authorizations to create hedge plans in the specified company code.
  
  
  Master Data Issues: There may be missing or incorrect master data related to the financial instruments or the company code itself.
  
  
  Legal Entity Restrictions: The company code may be subject to legal or regulatory restrictions that prevent the creation of hedge plans.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Company Code Configuration:
  
  Ensure that the company code is correctly set up for hedge accounting in the SAP system. This includes checking the configuration in the Customizing settings for Treasury and Risk Management.
  
  
  
  Review Hedge Accounting Settings:
  
  Verify that hedge accounting is activated for the company code. You can do this by navigating to the relevant configuration settings in the SAP system.
  
  
  
  User Authorizations:
  
  Check the user roles and authorizations to ensure that the user attempting to create the hedge plan has the necessary permissions.
  
  
  
  Validate Master Data:
  
  Ensure that all relevant master data (e.g., financial instruments, company code settings) is complete and accurate. This includes checking for any missing entries or incorrect configurations.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to hedge accounting and the specific error message for additional insights.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide specific guidance based on your system configuration and version.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for Treasury and Risk Management, such as:
  
  TPM1: Create Hedge Plan
  TPM2: Change Hedge Plan
  TPM3: Display Hedge Plan
  
  
  
  SAP Notes: Check for any SAP Notes related to THM_EXPOSURE188 for known issues or patches that may address the problem.
  
  
  Training and Documentation: Consider reviewing training materials or documentation on hedge accounting in SAP to better understand the requirements and processes involved.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to create hedge plans successfully in the specified company code.