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How To Fix TPM_THX1359 - Hedging rel. &1: The last eff. test results are not valid as of &2


SAP Error Message - Details

  • Message type: E = Error

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

  • Message number: 359

  • Message text: Hedging rel. &1: The last eff. test results are not valid as of &2

  • Show details Hide details
  • What causes this issue?

    The last run Effectiveness test results are invalid.

    System Response

    The process cannot consider the invalid Effectiveness test results.

    How to fix this error?

    Valid Effectiveness test results needs to be generated before the
    process is re-run. Hence kindly re-execute the Effectiveness test using
    transaction TPM110 or directly from the transaction TPM100 for the
    specified Hedging Relationship for a more recent date

    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.


Smart SAP Assistant

  • What is the cause and solution for SAP error message TPM_THX1359 - Hedging rel. &1: The last eff. test results are not valid as of &2 ?

    The SAP error message TPM_THX1359 typically occurs in the context of Treasury and Risk Management, specifically related to hedging transactions. This error indicates that the last effective test results for a hedging relationship are not valid as of a specified date. Here’s a breakdown of the cause, potential solutions, and related information:

    Cause:

    1. Invalid Effective Test Results: The effective test results for the hedging relationship may have expired or are not valid as of the specified date. This can happen if the hedging relationship has not been updated or if the underlying transactions have changed.
    2. Changes in Market Conditions: If there have been significant changes in market conditions or the underlying asset, the effectiveness of the hedge may need to be reassessed.
    3. Data Entry Errors: Incorrect data entry or configuration in the hedging relationship setup can lead to this error.

    Solution:

    1. Re-evaluate the Hedging Relationship:

      • Perform a new effectiveness test for the hedging relationship. This can usually be done through the SAP transaction code related to hedging (e.g., TPM1, TPM2).
      • Ensure that the parameters used for the effectiveness test are correct and reflect the current market conditions.
    2. Update the Hedging Relationship:

      • If the hedging relationship has not been updated for a while, consider updating it to reflect any changes in the underlying transactions or market conditions.
      • Check if the hedging relationship is still valid and meets the criteria for hedge accounting.
    3. Check Configuration and Data:

      • Review the configuration settings for the hedging relationship in SAP. Ensure that all necessary data is correctly entered and that there are no discrepancies.
      • Validate that the underlying transactions are correctly linked to the hedging relationship.
    4. Consult Documentation:

      • Refer to SAP documentation or help resources for specific guidance on the TPM_THX1359 error. This may provide additional insights or steps tailored to your version of SAP.
    5. Engage with SAP Support:

      • If the issue persists after trying the above solutions, consider reaching out to SAP support for assistance. They can provide more detailed troubleshooting based on your specific system configuration.

    Related Information:

    • Hedge Accounting: Understanding the principles of hedge accounting and the requirements for effectiveness testing is crucial. Familiarize yourself with the relevant accounting standards (e.g., IFRS 9, ASC 815) that govern hedge accounting.
    • SAP Transactions: Familiarize yourself with relevant SAP transactions for managing hedging relationships, such as TPM1 (Create Hedging Relationship), TPM2 (Change Hedging Relationship), and TPM3 (Display Hedging Relationship).
    • Training and Resources: Consider training sessions or resources on SAP Treasury and Risk Management to better understand the functionalities and best practices.

    By addressing the underlying causes and following the suggested solutions, you should be able to resolve the TPM_THX1359 error effectively.

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