How To Fix TPM_THX1363 - Date must be later than planned designation date

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 363

• Message text: Date must be later than planned designation date

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1363 - Date must be later than planned designation date ?

  The SAP error message TPM_THX1363, which states "Date must be later than planned designation date," typically occurs in the context of Treasury and Risk Management (TRM) when dealing with transactions related to financial instruments, such as hedging or derivatives.
  Cause:
  This error arises when a user attempts to enter a date that is earlier than or the same as the planned designation date in a transaction. The planned designation date is the date on which a financial instrument is expected to be designated for hedge accounting. The system requires that any date entered must be later than this planned designation date to ensure proper accounting and compliance with financial regulations.
  Solution:
  To resolve this error, you should:
  
  
  Check the Planned Designation Date: Review the planned designation date associated with the transaction. Ensure that the date you are trying to enter is indeed later than this date.
  
  
  Adjust the Date: If the date you entered is incorrect, modify it to a date that is later than the planned designation date.
  
  
  Review Transaction Details: Ensure that all other details of the transaction are correct and consistent with the planned designation.
  
  
  Consult Documentation: If you are unsure about the planned designation date or how to adjust it, refer to your organization's internal documentation or SAP help resources for guidance on managing financial transactions.
  
  
  Seek Help from SAP Support: If the issue persists or if you believe there is a system error, consider reaching out to your SAP support team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to Treasury and Risk Management, such as TBB1 (for hedge accounting) or TPM1 (for managing financial instruments).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to the transaction dates in the system.
  
  By following these steps, you should be able to resolve the TPM_THX1363 error and proceed with your transaction in SAP.