How To Fix TPM_THX1216 - Enter a date for the effectivenss test

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 216

• Message text: Enter a date for the effectivenss test

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1216 - Enter a date for the effectivenss test ?

  The SAP error message TPM_THX1216, which states "Enter a date for the effectiveness test," typically occurs in the context of Treasury and Risk Management, particularly when dealing with hedge accounting or effectiveness testing of financial instruments.
  Cause:
  This error message is triggered when a user attempts to perform an effectiveness test without specifying a date for the test. The effectiveness test is essential for determining whether a hedging relationship is effective in offsetting changes in the fair value or cash flows of the hedged item.
  Solution:
  To resolve this error, you need to enter a valid date for the effectiveness test. Here are the steps you can follow:
  
  
  Navigate to the Effectiveness Test Screen: Go to the relevant transaction or screen where you are performing the effectiveness test.
  
  
  Locate the Date Field: Look for the field that requires the date for the effectiveness test. This is usually labeled clearly.
  
  
  Enter a Valid Date: Input a date that falls within the period you are testing. Ensure that the date is in the correct format as required by your SAP system settings.
  
  
  Re-attempt the Effectiveness Test: After entering the date, try to execute the effectiveness test again.
  
  
  Related Information:
  
  
  Effectiveness Testing: This is a requirement under accounting standards (like IFRS 9 or ASC 815) to ensure that the hedging relationship is effective. The effectiveness test assesses whether the hedging instrument offsets the changes in the value of the hedged item.
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for Treasury and Risk Management, such as:
  
  TPM1: For managing hedging relationships.
  TPM2: For effectiveness testing.
  
  
  
  Documentation: Refer to SAP Help documentation or your organization's internal documentation for specific guidelines on performing effectiveness tests and the required fields.
  
  
  User Permissions: Ensure that you have the necessary permissions to perform the effectiveness test and access the required data.
  
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP Notes for any known issues related to this error message.