How To Fix THMHR_ADMIN632 - Inception date of the target hedge relationship is empty

SAP Error Message - Details

• Message type: E = Error

• Message class: THMHR_ADMIN - Messages for managing hedge relationships

• Message number: 632

• Message text: Inception date of the target hedge relationship is empty

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message THMHR_ADMIN632 - Inception date of the target hedge relationship is empty ?

  The SAP error message THMHR_ADMIN632 indicates that there is an issue with the inception date of a target hedge relationship being empty. This error typically arises in the context of hedge accounting within SAP Treasury and Risk Management (TRM) when trying to create or manage hedge relationships.
  Cause:
  The error occurs because the system requires an inception date for the hedge relationship to properly track and manage the hedging activities. The inception date is crucial for determining the start of the hedge relationship and for calculating effectiveness. If this date is not provided or is missing, the system cannot proceed with the operation.
  Solution:
  To resolve the error, you should take the following steps:
  
  
  Check Hedge Relationship Data: 
  
  Navigate to the hedge relationship in question and verify that all required fields are filled out correctly, especially the inception date.
  Ensure that the inception date is not only present but also valid (i.e., it should not be a future date or a date that does not make sense in the context of the hedge).
  
  
  
  Update the Inception Date:
  
  If the inception date is missing, you will need to enter a valid inception date for the hedge relationship.
  If you are creating a new hedge relationship, ensure that you provide the inception date during the creation process.
  
  
  
  Review Configuration Settings:
  
  Check the configuration settings for hedge accounting in your SAP system to ensure that all necessary parameters are set correctly.
  Make sure that the hedge relationship types and their associated settings are properly configured to require an inception date.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on hedge relationship management and the required fields.
  
  
  
  Testing:
  
  After making the necessary changes, attempt to save or process the hedge relationship again to see if the error persists.
  
  
  
  Related Information:
  
  Hedge Accounting: Understanding the principles of hedge accounting is essential, as it involves managing financial risks associated with fluctuations in currency exchange rates, interest rates, and commodity prices.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles and Authorizations: Ensure that the user has the necessary permissions to create or modify hedge relationships in the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Treasury and Risk Management for further assistance.