How To Fix THMHR_ADMIN568 - No hedging relationship found for hedge &1 in company code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: THMHR_ADMIN - Messages for managing hedge relationships

• Message number: 568

• Message text: No hedging relationship found for hedge &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_ADMIN568 - No hedging relationship found for hedge &1 in company code &2 ?

  The SAP error message THMHR_ADMIN568 indicates that there is no hedging relationship found for a specified hedge instrument in a particular company code. This error typically arises in the context of hedge accounting within SAP Treasury and Risk Management (TRM) when trying to process or evaluate hedging transactions.
  Cause:
  
  Missing Hedging Relationship: The most common cause is that the hedging relationship for the specified hedge instrument (identified by &1) does not exist in the system for the specified company code (identified by &2).
  Incorrect Configuration: The hedging relationship may not have been set up correctly or may have been deleted or not activated.
  Data Entry Errors: There could be a mistake in the data entry, such as using the wrong hedge instrument or company code.
  Timing Issues: The hedging relationship may not be valid for the current period or may have expired.
  
  Solution:
  
  
  Check Hedging Relationships: 
  
  Navigate to the relevant transaction in SAP (e.g., transaction code TPM1 for creating hedging relationships) and verify if the hedging relationship exists for the specified hedge instrument and company code.
  If it does not exist, you will need to create a new hedging relationship.
  
  
  
  Create or Activate Hedging Relationship:
  
  If the hedging relationship is missing, create a new one using the appropriate transaction (e.g., TPM1 for creating a new relationship).
  Ensure that all necessary details are filled in correctly, including the hedged item, the hedging instrument, and the relevant company code.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the SAP system to ensure that the hedging relationships are set up correctly.
  Ensure that the hedging relationship is active and valid for the current accounting period.
  
  
  
  Consult Documentation: 
  
  Review SAP documentation or help files related to hedge accounting and hedging relationships for additional guidance on setup and troubleshooting.
  
  
  
  Check for Updates: 
  
  Ensure that your SAP system is up to date with the latest patches and updates, as sometimes bugs can cause unexpected behavior.
  
  
  
  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).
  Hedge Accounting: Understand the principles of hedge accounting, including the types of hedges (fair value hedges, cash flow hedges, etc.) and the requirements for documenting hedging relationships.
  SAP Notes: Check SAP Notes for any known issues or additional troubleshooting steps 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 consultant specializing in SAP Treasury and Risk Management.