How To Fix TPM_THX1217 - Select at least one effect. test to be run (prospective/retrospective)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 217

• Message text: Select at least one effect. test to be run (prospective/retrospective)

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1217 - Select at least one effect. test to be run (prospective/retrospective) ?

  The SAP error message TPM_THX1217 typically relates to the Treasury and Risk Management module, specifically in the context of transaction management or hedge accounting. This error indicates that you need to select at least one effect for the test you are trying to run, which can be either prospective or retrospective.
  Cause:
  The error occurs when you attempt to execute a test (such as a hedge effectiveness test) without selecting any effects. In the context of hedge accounting, effects refer to the specific financial impacts or outcomes that you want to analyze or evaluate. The system requires at least one effect to be selected to proceed with the test.
  Solution:
  To resolve this error, follow these steps:
  
  
  Access the Test Screen: Navigate to the screen where you are trying to run the test (e.g., hedge effectiveness test).
  
  
  Select Effects: Look for the section where you can select effects. This may be labeled as "Effects," "Impact," or something similar. Ensure that you select at least one effect (either prospective or retrospective) that you want to analyze.
  
  
  Run the Test Again: After selecting the required effects, attempt to run the test again. The error should no longer appear if at least one effect is selected.
  
  
  Related Information:
  
  
  Prospective Test: This type of test evaluates the effectiveness of a hedge based on expected future cash flows and market conditions. It assesses whether the hedge is likely to be effective in offsetting changes in the fair value of the hedged item.
  
  
  Retrospective Test: This test looks back at past transactions to determine if the hedge was effective in offsetting the changes in the value of the hedged item. It analyzes historical data to confirm that the hedge met effectiveness criteria.
  
  
  Documentation: Refer to SAP documentation or help files related to Treasury and Risk Management for more detailed information on running tests and understanding hedge effectiveness.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional guidance on hedge accounting processes.
  
  
  If the issue persists after following these steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.