How To Fix THMHR_ADMIN300 - Specify the initial transaction for an OTC option

SAP Error Message - Details

• Message type: E = Error

• Message class: THMHR_ADMIN - Messages for managing hedge relationships

• Message number: 300

• Message text: Specify the initial transaction for an OTC option

What causes this issue?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message THMHR_ADMIN300 - Specify the initial transaction for an OTC option ?

  The SAP error message THMHR_ADMIN300 typically occurs in the context of managing OTC (Over-the-Counter) derivatives in the SAP system, particularly when dealing with transaction management in Treasury and Risk Management (TRM) modules. This error indicates that the system requires an initial transaction to be specified for an OTC option, which is necessary for the proper processing and management of the financial instrument.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Initial Transaction: The OTC option you are trying to create or manage does not have an associated initial transaction defined in the system.
  Configuration Issues: There may be configuration settings in the Treasury module that are not properly set up, leading to the system not recognizing the initial transaction.
  Data Entry Errors: There might be errors in the data entry process, such as missing fields or incorrect values that prevent the system from processing the OTC option correctly.
  
  Solution:
  To resolve the THMHR_ADMIN300 error, you can take the following steps:
  
  
  Specify Initial Transaction:
  
  Go to the transaction where you are trying to create or manage the OTC option.
  Ensure that you specify the initial transaction correctly. This may involve selecting an existing transaction or creating a new one that serves as the basis for the OTC option.
  
  
  
  Check Configuration:
  
  Review the configuration settings in the Treasury and Risk Management module to ensure that all necessary settings for OTC options and initial transactions are correctly defined.
  Consult with your SAP administrator or a functional consultant to verify that the system is set up to handle OTC options appropriately.
  
  
  
  Data Validation:
  
  Double-check all the data entries related to the OTC option. Ensure that all required fields are filled out correctly and that there are no missing or incorrect values.
  If applicable, review any related documents or master data that may impact the creation of the OTC option.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources specific to the Treasury and Risk Management module for additional guidance on managing OTC options and initial transactions.
  
  
  
  Seek Support:
  
  If the issue persists after trying the above steps, consider reaching out to SAP support or your internal IT support team for further assistance. They may have access to logs or additional tools to diagnose the issue more effectively.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes in the Treasury module, such as those for creating and managing OTC derivatives.
  Training and Documentation: Ensure that users involved in managing OTC options are adequately trained and have access to the necessary documentation to avoid common pitfalls.
  
  By following these steps, you should be able to resolve the THMHR_ADMIN300 error and successfully manage your OTC options in SAP.