How To Fix THMHR_ADMIN351 - Hedge relationship cannot be updated; assign a derivative first

SAP Error Message - Details

• Message type: E = Error

• Message class: THMHR_ADMIN - Messages for managing hedge relationships

• Message number: 351

• Message text: Hedge relationship cannot be updated; assign a derivative first

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message THMHR_ADMIN351 - Hedge relationship cannot be updated; assign a derivative first ?

  The SAP error message THMHR_ADMIN351 indicates that there is an issue with updating a hedge relationship in the Treasury and Risk Management (TRM) module. Specifically, the error states that a derivative must be assigned to the hedge relationship before it can be updated.
  Cause:
  The primary cause of this error is that the hedge relationship you are trying to update does not have an associated derivative instrument. In SAP TRM, hedge relationships are used to manage and account for hedging activities, and they require a derivative to be linked to them for proper functioning.
  Solution:
  To resolve this error, you need to ensure that a derivative is assigned to the hedge relationship before attempting to update it. Here are the steps you can follow:
  
  
  Check the Hedge Relationship: Navigate to the hedge relationship in question and verify its details. Ensure that it is correctly set up and that it is intended to be linked to a derivative.
  
  
  Assign a Derivative:
  
  Go to the transaction code for managing hedge relationships (e.g., THMHR).
  Select the hedge relationship that you want to update.
  Look for an option to assign or link a derivative. This may involve creating a new derivative or selecting an existing one.
  Ensure that the derivative is properly configured and meets the requirements for the hedge relationship.
  
  
  
  Save Changes: After assigning the derivative, save your changes to the hedge relationship.
  
  
  Retry the Update: Once the derivative is assigned, attempt to update the hedge relationship again. The error should no longer occur.
  
  
  Related Information:
  
  Documentation: Refer to SAP's official documentation on Treasury and Risk Management for detailed guidance on hedge accounting and managing hedge relationships.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as THMHR (Hedge Relationship Management) and THMDR (Derivative Management) for managing hedge relationships and derivatives.
  Consult SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Treasury and Risk Management.