How To Fix TPM_THX1401 - Hedging instrument &1: Position is already used in hedge accounting

TPM_THX1401 - Overview

• Message type: E = Error

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

• Message number: 401

• Message text: Hedging instrument &1: Position is already used in hedge accounting

Self-Explanatory Message

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• What is the cause and solution for SAP error message TPM_THX1401 - Hedging instrument &1: Position is already used in hedge accounting ?

  The SAP error message TPM_THX1401 indicates that a hedging instrument is already being used in hedge accounting, which means that the position you are trying to use for a new hedge is already associated with an existing hedge relationship. This can occur in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with financial instruments and hedging activities.
  
  Cause:
  
  Existing Hedge Relationship: The hedging instrument (e.g., a derivative or financial contract) is already linked to a hedge accounting relationship.
  Incorrect Position Management: The position may have been incorrectly managed or not properly released from its previous hedge accounting assignment.
  Data Entry Errors: There may be a mistake in the data entry or selection of the hedging instrument.
  
  
  Solution:
  
  
  Check Existing Hedge Relationships: Review the existing hedge relationships in the system to confirm if the hedging instrument is indeed already in use. You can do this by navigating to the relevant transaction codes