How To Fix TPM_THX1354 - Eff.Test Without Bus. Trans. is only possible with status "Designated"

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 354

• Message text: Eff.Test Without Bus. Trans. is only possible with status "Designated"

What causes this issue?

<LS>Eff.Test Without Bus. Trans.</> is only possible with status
<LS>Designated</>.

System Response

You cannot perform an effectiveness test with the current hedging
relationship status.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

This occurs if the effectiveness test is not associated with a business
transaction in the test plan.

How to fix this error?

You can change the display date for the hedging relationship (using the
button with calendar icon) from the current date to a date when the
hedging relationship has the status <LS>Designated</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1354 - Eff.Test Without Bus. Trans. is only possible with status "Designated" ?

  The SAP error message TPM_THX1354, which states "Eff.Test Without Bus. Trans. is only possible with status 'Designated'," typically occurs in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with financial instruments or transactions.
  Cause:
  This error message indicates that you are attempting to perform an effectiveness test on a hedge relationship that is not in the correct status. Specifically, the effectiveness test can only be conducted when the hedge relationship is in the "Designated" status. If the hedge relationship is in a different status (e.g., "Active," "Inactive," or "Terminated"), the system will not allow the effectiveness test to proceed.
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Check the Status of the Hedge Relationship:
  
  Navigate to the relevant transaction or report in SAP where you can view the hedge relationship.
  Verify the current status of the hedge relationship. It should be "Designated" for the effectiveness test to be performed.
  
  
  
  Change the Status if Necessary:
  
  If the hedge relationship is not in the "Designated" status, you may need to change its status. This typically involves:
  
  Reviewing the hedge relationship to ensure it meets the criteria for being designated.
  If applicable, re-designate the hedge relationship through the appropriate transaction (e.g., using transaction code TPM1 or TPM2).
  
  
  
  
  
  Perform the Effectiveness Test:
  
  Once the hedge relationship is in the "Designated" status, you can proceed with the effectiveness test.
  
  
  
  Consult Documentation or Support:
  
  If you are unsure about the status change or the implications of designating a hedge relationship, consult your internal documentation or reach out to your SAP support team for guidance.
  
  
  
  Related Information:
  
  Hedge Accounting: Understanding the principles of hedge accounting and the requirements for designating a hedge relationship is crucial. This includes knowing the criteria for effectiveness testing and the implications of different statuses.
  SAP Transaction Codes: Familiarize yourself with relevant transaction codes such as TPM1 (Create Hedge Relationship), TPM2 (Change Hedge Relationship), and TPM3 (Display Hedge Relationship).
  SAP Notes and Documentation: Check SAP Notes for any updates or specific guidance related to this error message. SAP's help portal may also provide additional context and troubleshooting steps.
  
  By ensuring that the hedge relationship is in the correct status, you should be able to successfully perform the effectiveness test without encountering the TPM_THX1354 error.