How To Fix TPM_THX1351 - Prosp. eff. test already run for this date; only retrosp. test run

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 351

• Message text: Prosp. eff. test already run for this date; only retrosp. test run

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1351 - Prosp. eff. test already run for this date; only retrosp. test run ?

  The SAP error message TPM_THX1351 indicates that a prospective effectiveness test has already been executed for a specific date, and therefore, only a retrospective effectiveness test can be performed for that date. This error typically arises in the context of Treasury and Risk Management, particularly when dealing with hedge accounting and effectiveness testing of financial instruments.
  Cause:
  
  Execution of Effectiveness Test: The prospective effectiveness test has already been run for the specified date. In SAP, the system does not allow a second prospective test for the same date.
  Date Conflict: The date you are trying to run the test for has already been processed, and the system is set to prevent duplicate tests for the same period.
  Configuration Settings: There may be specific settings in the configuration of the Treasury module that dictate how and when effectiveness tests can be run.
  
  Solution:
  
  Check Previous Tests: Review the effectiveness tests that have already been executed for the date in question. You can do this by navigating to the relevant transaction in SAP and checking the logs or history of tests.
  Run a Retrospective Test: If you need to analyze the effectiveness for that date, you can run a retrospective effectiveness test instead. This is typically done to assess the effectiveness of hedging after the fact.
  Adjust Dates: If you need to run a prospective test, consider adjusting the date to a future date where no tests have been executed yet.
  Consult Documentation: Review SAP documentation or help files related to Treasury and Risk Management for more detailed guidance on effectiveness testing.
  Configuration Review: If this issue persists or is causing significant problems, it may be worth reviewing the configuration settings in the Treasury module to ensure they align with your business processes.
  
  Related Information:
  
  Effectiveness Testing: This is a critical process in hedge accounting to ensure that the hedging relationship is effective in offsetting changes in the fair value or cash flows of the hedged item.
  SAP Transactions: Familiarize yourself with relevant SAP transactions such as TPM1 (for managing hedging relationships) and TPM2 (for effectiveness testing).
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may address the issue.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to perform the tests and access the relevant data.
  
  If the problem persists after trying the above solutions, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Treasury and Risk Management.