How To Fix TPM_THX1046 - No risk currency assigned to hedging relationship &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 046

• Message text: No risk currency assigned to hedging relationship &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1046 - No risk currency assigned to hedging relationship &1 ?

  The SAP error message TPM_THX1046, which states "No risk currency assigned to hedging relationship &1," typically occurs in the context of Treasury and Risk Management (TRM) when dealing with hedging relationships in SAP. This error indicates that the system cannot find a risk currency assigned to the specified hedging relationship, which is necessary for the proper functioning of the hedging process.
  Cause:
  
  Missing Risk Currency Assignment: The hedging relationship has not been properly configured with a risk currency. This can happen if the hedging relationship was created without specifying a risk currency or if the configuration was incomplete.
  Incorrect Configuration: The configuration settings for the hedging relationship may not have been set up correctly, leading to the absence of a risk currency.
  Data Inconsistencies: There may be inconsistencies in the master data or configuration settings that prevent the system from recognizing the risk currency.
  
  Solution:
  
  
  Check Hedging Relationship Configuration:
  
  Navigate to the hedging relationship in question (using transaction code TPM1 or TPM2).
  Verify that a risk currency is assigned to the hedging relationship. If it is missing, you will need to edit the hedging relationship and assign the appropriate risk currency.
  
  
  
  Review Master Data:
  
  Ensure that the relevant master data (such as financial instruments, currencies, etc.) is correctly set up and that there are no missing or incorrect entries.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Treasury and Risk Management to ensure that all necessary steps for setting up hedging relationships are followed.
  
  
  
  Testing:
  
  After making the necessary changes, test the hedging relationship to ensure that the error no longer occurs.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration or version.
  
  
  
  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, as they may provide additional context or solutions.
  Training and Documentation: Consider reviewing training materials or documentation on Treasury and Risk Management to better understand the configuration and management of hedging relationships.
  
  By following these steps, you should be able to resolve the TPM_THX1046 error and ensure that your hedging relationships are properly configured.