How To Fix TPM_THX1172 - Hedging relationship &1 / &2 already exists in your objects

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 172

• Message text: Hedging relationship &1 / &2 already exists in your objects

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1172 - Hedging relationship &1 / &2 already exists in your objects ?

  The SAP error message TPM_THX1172 indicates that there is an attempt to create a hedging relationship that already exists in the system. This error typically occurs in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedging relationships in financial instruments.
  Cause:
  The error is triggered when:
  
  You are trying to create a new hedging relationship that has the same characteristics (e.g., the same hedging instrument and hedged item) as an existing one.
  There may be a duplicate entry in the system due to incorrect data entry or a misunderstanding of the existing hedging relationships.
  The system is enforcing uniqueness constraints on hedging relationships to prevent conflicts or inconsistencies in financial reporting.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Hedging Relationships:
  
  Navigate to the relevant transaction in SAP (e.g., transaction code TPM1 for creating hedging relationships).
  Review the existing hedging relationships to confirm if the one you are trying to create already exists.
  Use the appropriate selection criteria to filter and find existing relationships.
  
  
  
  Modify or Delete Existing Relationships:
  
  If you find that the hedging relationship already exists and is valid, you may need to modify your approach (e.g., update the existing relationship instead of creating a new one).
  If the existing relationship is no longer needed, consider deleting it if it is appropriate to do so.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to hedging relationships to ensure you understand the requirements and constraints for creating them.
  
  
  
  Check for Data Entry Errors:
  
  Ensure that there are no typographical errors or discrepancies in the data you are entering that might lead to the creation of a duplicate relationship.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support for 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.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to create or modify hedging relationships in the system.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.