How To Fix THM_EXPOSURE214 - Hedged item currency &1 does not match derivative currency &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 214

• Message text: Hedged item currency &1 does not match derivative currency &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message THM_EXPOSURE214 - Hedged item currency &1 does not match derivative currency &2 ?

  The SAP error message THM_EXPOSURE214 indicates a mismatch between the currency of a hedged item and the currency of a derivative in a hedging relationship. This error typically arises in the context of financial instruments and hedging transactions within SAP Treasury and Risk Management (TRM).
  Cause:
  The error occurs when:
  
  The currency of the hedged item (e.g., a receivable or payable) does not match the currency of the derivative instrument (e.g., a forward contract or option) that is intended to hedge it.
  This mismatch can happen due to data entry errors, incorrect configuration, or changes in the underlying transactions that were not reflected in the hedging setup.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Verify Currency Settings:
  
  Check the currency settings of both the hedged item and the derivative. Ensure that they are intended to hedge each other and that their currencies match.
  
  
  
  Adjust Hedging Relationships:
  
  If the currencies do not match and they should, you may need to adjust the hedging relationship. This could involve changing the currency of the derivative or the hedged item, depending on the business requirements.
  
  
  
  Review Transaction Data:
  
  Look into the transaction data for both the hedged item and the derivative. Ensure that all relevant data is correctly entered and reflects the current situation.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on managing hedging relationships and resolving currency mismatches.
  
  
  
  Test Changes:
  
  After making adjustments, test the changes in a development or test environment to ensure that the error is resolved before applying changes in the production environment.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in Treasury and Risk Management.
  
  
  
  Related Information:
  
  Hedging in SAP: Understand the principles of hedging and how SAP manages hedging relationships through its Treasury module.
  Currency Management: Familiarize yourself with how SAP handles different currencies, including currency conversion and exchange rates.
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on this error message.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.