How To Fix TPM_THX1098 - Hedging instrument &1: Risk crcy &2 is different from position crcy &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 098

• Message text: Hedging instrument &1: Risk crcy &2 is different from position crcy &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1098 - Hedging instrument &1: Risk crcy &2 is different from position crcy &3 ?

  The SAP error message TPM_THX1098 indicates a mismatch between the currency of a hedging instrument and the currency of the position it is intended to hedge. This error typically arises in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with financial instruments and hedging strategies.
  Cause:
  The error occurs when:
  
  A hedging instrument (like a forward contract, option, etc.) is created or processed with a currency that does not match the currency of the underlying position (like a receivable, payable, or another financial position).
  The system expects both the hedging instrument and the position to be in the same currency to effectively manage the risk.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Currency Settings:
  
  Verify the currency settings for both the hedging instrument and the underlying position. Ensure that they are aligned and that the currencies match.
  
  
  
  Adjust Hedging Instrument:
  
  If the hedging instrument is incorrectly set up, you may need to adjust it to match the currency of the position. This could involve creating a new hedging instrument in the correct currency.
  
  
  
  Review Position Currency:
  
  If the position currency is incorrect, you may need to adjust the position to ensure it reflects the correct currency that matches the hedging instrument.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Treasury and Risk Management for specific guidelines on handling hedging instruments and positions.
  
  
  
  Check Configuration:
  
  Ensure that the configuration settings in the SAP system for Treasury and Risk Management are correctly set up to handle currency conversions and hedging scenarios.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance, especially if this is a recurring issue.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing hedging instruments and positions, such as TPM1 (Create Hedging Relationship), TPM2 (Change Hedging Relationship), and TPM3 (Display Hedging Relationship).
  Documentation: Review SAP Notes and Knowledge Base Articles related to TPM_THX1098 for any updates or specific patches that may address this issue.
  Training: Consider training sessions or workshops on SAP Treasury and Risk Management to better understand how to manage hedging instruments and positions effectively.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.