How To Fix THMHR_ADMIN560 - No hedging relationship found for derivative &1 in company code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: THMHR_ADMIN - Messages for managing hedge relationships

• Message number: 560

• Message text: No hedging relationship found for derivative &1 in company code &2

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_ADMIN560 - No hedging relationship found for derivative &1 in company code &2 ?

  The SAP error message THMHR_ADMIN560 indicates that there is no hedging relationship found for a specified derivative in a particular company code. This error typically arises in the context of financial instruments and hedging activities within SAP Treasury and Risk Management (TRM).
  Cause:
  
  Missing Hedging Relationship: The most common cause is that the derivative instrument (e.g., a forward contract, option, or swap) does not have an associated hedging relationship defined in the system.
  Incorrect Configuration: The hedging relationship may not have been set up correctly in the system, or it may have been deleted or not activated.
  Data Entry Errors: There may be errors in the data entry for the derivative or the hedging relationship, such as incorrect company code or instrument type.
  Timing Issues: The hedging relationship may not be valid for the date on which the transaction is being processed.
  
  Solution:
  
  Check Hedging Relationships: Verify if a hedging relationship exists for the specified derivative. You can do this by navigating to the relevant transaction in SAP (e.g., using transaction code TPM1 for creating hedging relationships).
  Create or Update Hedging Relationship: If no hedging relationship exists, you will need to create one. Ensure that the relationship is correctly configured, including the relevant company code and derivative details.
  Review Configuration: Check the configuration settings for hedging relationships in the system. Ensure that all necessary settings are in place and that the hedging relationship is active.
  Data Validation: Validate the data entered for the derivative and the hedging relationship. Ensure that all required fields are filled out correctly and that there are no discrepancies.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on setting up hedging relationships and troubleshooting related issues.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TPM1 (Create Hedging Relationship), TPM2 (Change Hedging Relationship), and TPM3 (Display Hedging Relationship).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address known issues.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to create or modify hedging relationships in the system.
  Training and Documentation: Consider training for users involved in treasury management to ensure they understand how to manage hedging relationships effectively.
  
  By following these steps, you should be able to resolve the error THMHR_ADMIN560 and ensure that your derivatives are properly hedged within the SAP system.