How To Fix TPM_THX1004 - No authorization to create hedging relationships in CoCode &1, ValArea &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THX1 - Treasury: Message Class for P-HA

• Message number: 004

• Message text: No authorization to create hedging relationships in CoCode &1, ValArea &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1004 - No authorization to create hedging relationships in CoCode &1, ValArea &2 ?

  The SAP error message TPM_THX1004 indicates that a user does not have the necessary authorization to create hedging relationships in a specific company code (CoCode) and valuation area (ValArea). This error typically arises in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedging transactions.
  Cause:
  The primary cause of this error is a lack of appropriate authorization in the user's role or profile. The user attempting to create the hedging relationship does not have the required permissions assigned to their user account for the specified company code and valuation area.
  Solution:
  To resolve this issue, you can take the following steps:
  
  
  Check User Authorizations:
  
  Use transaction code SU53 immediately after the error occurs to check the authorization check that failed. This will provide insight into which specific authorization object is missing.
  
  
  
  Review Authorization Roles:
  
  Review the roles assigned to the user in transaction SU01 (User Maintenance). Ensure that the user has the necessary roles that include permissions for creating hedging relationships.
  
  
  
  Modify Authorization Roles:
  
  If the user lacks the necessary authorizations, you may need to modify the existing roles or create a new role that includes the required authorizations. This typically involves:
  
  Adding the relevant authorization objects (e.g., F_TPM_HEDG, F_TPM_VAL) to the role.
  Ensuring that the authorization objects include the correct values for the company code and valuation area.
  
  
  
  
  
  Consult with Security Team:
  
  If you do not have the necessary permissions to modify roles, consult with your SAP security team or administrator. They can assist in reviewing and updating the user's authorizations.
  
  
  
  Testing:
  
  After making changes to the user’s authorizations, have the user log out and log back in to ensure that the new authorizations take effect. Then, attempt to create the hedging relationship again.
  
  
  
  Related Information:
  
  Authorization Objects: In SAP, authorization objects are used to control access to various functions. For Treasury and Risk Management, specific authorization objects govern access to hedging activities.
  Transaction Codes:
  
  SU01: User Maintenance
  SU53: Display Authorization Check
  PFCG: Role Maintenance (to manage roles and authorizations)
  
  
  Documentation: Refer to SAP Help documentation for detailed information on authorization objects related to Treasury and Risk Management.
  
  By following these steps, you should be able to resolve the TPM_THX1004 error and enable the user to create hedging relationships as needed.