How To Fix TPM_THX1060 - Reversal is not possible for the hedging relationship &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 060

• Message text: Reversal is not possible for the hedging relationship &1

What causes this issue?

The reversal of a designation is not possible if a dedesignation already
exists.

System Response

It's not possible to reverse a designation.

How to fix this error?

Reverse the dedesignation and then reverse the designation.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1060 - Reversal is not possible for the hedging relationship &1 ?

  The SAP error message TPM_THX1060, which states "Reversal is not possible for the hedging relationship &1," typically occurs in the context of Treasury and Risk Management (TRM) when attempting to reverse a transaction related to a hedging relationship that is not eligible for reversal. Here’s a breakdown of the potential causes, solutions, and related information for this error:
  Causes:
  
  
  Hedging Relationship Status: The hedging relationship may be in a status that does not allow for reversals. For example, if the relationship is already settled or has been terminated, a reversal may not be possible.
  
  
  Transaction Type: The type of transaction you are trying to reverse may not support reversal. Certain transactions in SAP TRM have specific rules regarding reversals.
  
  
  Accounting Entries: If the accounting entries related to the hedging relationship have already been posted to the general ledger, this may prevent a reversal.
  
  
  Time Constraints: There may be time constraints or periods that have been closed, preventing any changes to the hedging relationship.
  
  
  Configuration Issues: There may be configuration settings in the system that restrict reversals for certain types of hedging relationships.
  
  
  Solutions:
  
  
  Check Hedging Relationship Status: Verify the status of the hedging relationship. If it is in a status that does not allow for reversal, you may need to take alternative actions, such as creating a new transaction to offset the existing one.
  
  
  Review Transaction Type: Ensure that the transaction type you are trying to reverse supports reversals. Consult the documentation or your SAP administrator for details on the specific transaction type.
  
  
  Post Accounting Entries: If accounting entries have been posted, you may need to reverse those entries first before attempting to reverse the hedging relationship.
  
  
  Consult with Finance Team: Engage with your finance or accounting team to understand the implications of reversing the transaction and to explore alternative solutions.
  
  
  Check Configuration: Review the configuration settings in the SAP system related to hedging relationships and reversals. You may need to adjust these settings if they are too restrictive.
  
  
  Use Alternative Transactions: If reversal is not possible, consider using alternative transactions to achieve the desired financial outcome, such as creating a new hedge or adjusting existing ones.
  
  
  Related Information:
  
  
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message. SAP frequently releases notes that provide solutions or workarounds for specific error messages.
  
  
  Documentation: Review the SAP documentation for Treasury and Risk Management to understand the rules and processes related to hedging relationships and reversals.
  
  
  User Forums: Engage with SAP user forums or communities where other users may have encountered similar issues and can provide insights or solutions.
  
  
  SAP Support: If the issue persists and you cannot find a resolution, consider reaching out to SAP Support for assistance.
  
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.