How To Fix TPM_THX1078 - Hedged item &1: Risk currency &2 is different from position currency &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 078

• Message text: Hedged item &1: Risk currency &2 is different from position currency &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1078 - Hedged item &1: Risk currency &2 is different from position currency &3 ?

  The SAP error message TPM_THX1078 indicates a mismatch between the risk currency of a hedged item and the position currency. This typically occurs in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedging transactions.
  Cause:
  The error arises when:
  
  A hedged item (such as a financial instrument or a position) is defined with a risk currency that does not match the currency of the position it is associated with.
  This can happen if the hedged item was created or modified incorrectly, or if there are inconsistencies in the configuration of the hedging relationship.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Hedged Item Configuration:
  
  Navigate to the hedged item in the SAP system and verify its configuration.
  Ensure that the risk currency of the hedged item matches the position currency.
  
  
  
  Review Position Currency:
  
  Check the position that is linked to the hedged item. Make sure that the currency settings are correct and consistent with the hedged item.
  
  
  
  Adjust Currency Settings:
  
  If there is a discrepancy, you may need to adjust the currency settings either in the hedged item or the position to ensure they match.
  
  
  
  Recreate Hedged Item:
  
  If the hedged item is incorrectly configured and cannot be adjusted, consider deleting and recreating the hedged item with the correct currency settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Treasury and Risk Management for additional guidance on currency settings and hedging relationships.
  
  
  
  Check for Customizations:
  
  If your organization has custom developments or configurations in SAP, ensure that these do not interfere with the standard behavior of currency settings.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing hedged items and positions, such as TPM1 (Hedging) and TPM2 (Hedged Items).
  Documentation: Review the SAP Help Portal for detailed information on Treasury and Risk Management functionalities.
  Training: Consider training sessions or workshops on SAP TRM to better understand the configuration and management of hedging relationships.
  
  By following these steps, you should be able to identify and resolve the cause of the TPM_THX1078 error message in SAP.