How To Fix TPM_THX1358 - Hedged item &1 is not effective on &2 in hedging relationship &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 358

• Message text: Hedged item &1 is not effective on &2 in hedging relationship &3

What causes this issue?

The Hedged Item is not effective within the Hedging Relationship for the
specified keydate.

System Response

The process ignores prospectively or retrospectively not effective
Hedged Items for valuation.

How to fix this error?

The Hedged Item must be made prospectively and retrospectively effective
within the Hedging Relationship for the keydate before re-executing this
process. This could be done in the following ways.
- The effectiveness test results though valid may not be current and
hence execute the effectiveness test for a more recent date which is as
close as possible to the key date on which the valuation is to be
executed.
- Dedesignate the Hedged Item within the Hedging Relationship and try
designating it again with a more appropriate Hedging Instrument so as to
achieve the specified effectivity.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.