How To Fix TPM_THX1224 - Effectiveness test result successfully saved

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 224

• Message text: Effectiveness test result successfully saved

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1224 - Effectiveness test result successfully saved ?

  The SAP error message TPM_THX1224, which states "Effectiveness test result successfully saved," is not actually an error message but rather an informational message indicating that the effectiveness test results for a transaction have been successfully saved in the system. This message typically appears in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedge accounting or financial instruments.
  Cause:
  
  The message is generated when a user performs an effectiveness test on a hedging relationship or financial instrument, and the results of that test are saved successfully in the system.
  It indicates that the system has processed the effectiveness test without any issues.
  
  Solution:
  Since this message is informational and does not indicate an error, there is no specific solution required. However, if you are looking to ensure that the effectiveness test is being conducted correctly, consider the following steps:
  
  Review Test Parameters: Ensure that the parameters used for the effectiveness test are correct and align with your organization's hedging strategy.
  Check Results: After receiving this message, review the effectiveness test results to confirm that they meet the required thresholds for hedge accounting.
  Documentation: Keep a record of the effectiveness test results for compliance and audit purposes.
  Follow-Up Actions: If the results indicate that the hedge is ineffective, you may need to take corrective actions, such as adjusting the hedging strategy or re-evaluating the financial instruments involved.
  
  Related Information:
  
  Effectiveness Testing: This is a process used to assess whether a hedging relationship is effective in offsetting changes in the fair value or cash flows of the hedged item. It is a requirement under accounting standards such as IFRS and GAAP.
  SAP Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing hedging relationships and effectiveness tests, such as:
  
  TPM1: Create Hedging Relationship
  TPM2: Change Hedging Relationship
  TPM3: Display Hedging Relationship
  TPM_EFF_TEST: Execute Effectiveness Test
  
  
  SAP Documentation: Refer to SAP Help documentation for detailed guidance on Treasury and Risk Management functionalities, including effectiveness testing.
  
  If you encounter any issues or have specific concerns regarding the effectiveness test results, it may be beneficial to consult with your SAP support team or a financial expert familiar with SAP TRM.