How To Fix TPM_THX1344 - Please select first hedged items and hedging instruments

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 344

• Message text: Please select first hedged items and hedging instruments

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1344 - Please select first hedged items and hedging instruments ?

  The SAP error message TPM_THX1344, which states "Please select first hedged items and hedging instruments," typically occurs in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedging transactions.
  Cause:
  This error usually arises when a user attempts to execute a transaction or process related to hedging without having first selected the necessary hedged items and corresponding hedging instruments. In SAP, hedged items refer to the underlying assets or liabilities that are being hedged, while hedging instruments are the financial instruments used to mitigate the risk associated with those items.
  Solution:
  To resolve this error, follow these steps:
  
  
  Select Hedged Items: Ensure that you have selected the appropriate hedged items in your transaction. This could involve navigating to the relevant screen where you can specify which items you are hedging.
  
  
  Select Hedging Instruments: After selecting the hedged items, you must also select the corresponding hedging instruments. This could include derivatives like options, forwards, or swaps that you are using to hedge the risk.
  
  
  Check Configuration: If you are still encountering issues, check the configuration settings in your SAP system related to Treasury and Risk Management. Ensure that the hedging relationships are properly defined and that the necessary data is maintained.
  
  
  Review Documentation: Consult the SAP documentation or help files related to Treasury and Risk Management for additional guidance on how to properly set up and execute hedging transactions.
  
  
  User Authorization: Ensure that you have the necessary authorizations to perform the actions related to hedged items and hedging instruments.
  
  
  Consult with SAP Support: If the issue persists, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error message.
  
  
  Related Information:
  
  Hedging in SAP: Understanding the concepts of hedged items and hedging instruments is crucial for effective risk management in SAP.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing hedging activities, such as TPM1 (Hedging Management) or TPM2 (Hedging Management: Display).
  Training and Resources: Consider training sessions or resources on SAP Treasury and Risk Management to better understand the processes involved.
  
  By following these steps, you should be able to resolve the TPM_THX1344 error and successfully proceed with your hedging transactions in SAP.