How To Fix THMHR_EVENT115 - Effectiveness could not be determined for hedging relationship &1 &2 &3

THMHR_EVENT115 - Overview

• Message type: E = Error

• Message class: THMHR_EVENT - Messages for events occuring at valuation

• Message number: 115

• Message text: Effectiveness could not be determined for hedging relationship &1 &2 &3

What causes this issue?

The effectiveness could not be determined for this hedging
relationship.

System Response

The effectiveness calculation cannot continue.

How to fix this error?

There was an error calculating the measurement for this hedging
relationship. Please verify the entries for the hedging relationship,
NPV (if applicable), and configuration.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

THMHR_EVENT115 - Details

• The SAP error message THMHR_EVENT115 indicates that the effectiveness of a hedging relationship could not be determined for a specific hedging relationship identified by the parameters &1, &2, and &3. This error typically arises in the context of hedge accounting within SAP Treasury and Risk Management (TRM) when the system is unable to calculate the effectiveness of a hedging relationship due to missing or incorrect data.
  Causes:
  
  Missing Data: Required data for the hedging relationship may be missing, such as the underlying transaction, hedging instrument, or relevant market data.
  Incorrect Configuration: The hedging relationship may not be properly configured in the system, leading to issues in determining effectiveness.
  Data Inconsistencies: There may be inconsistencies in the data related to the hedging relationship, such as mismatched currencies, notional amounts, or dates.
  Market Data Issues: The system may not have access to the necessary market data to perform the effectiveness test.
  Hedging Relationship Status: The status of the