How To Fix TPM_THX1426 - Hedging relationship was not created

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 426

• Message text: Hedging relationship was not created

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1426 - Hedging relationship was not created ?

  The SAP error message TPM_THX1426 indicates that a hedging relationship was not created in the Treasury and Risk Management (TRM) module, specifically in the context of managing financial instruments and hedging activities. This error can arise due to various reasons, and understanding the cause is essential for finding a solution.
  Possible Causes:
  
  
  Missing Configuration: The hedging relationship may not have been properly configured in the system. This includes missing settings for the hedging instrument or the underlying exposure.
  
  
  Inconsistent Data: There may be inconsistencies in the data entered for the hedging relationship, such as incorrect or missing valuation parameters, or mismatched currencies.
  
  
  Hedging Criteria Not Met: The criteria for creating a hedging relationship may not be met. This could include issues with the effectiveness of the hedge or the relationship between the hedging instrument and the underlying exposure.
  
  
  Authorization Issues: The user attempting to create the hedging relationship may not have the necessary authorizations to perform this action.
  
  
  System Errors: There could be technical issues or bugs in the SAP system that prevent the creation of the hedging relationship.
  
  
  Solutions:
  
  
  Check Configuration: Review the configuration settings for the hedging relationship in the SAP system. Ensure that all necessary parameters are correctly set up.
  
  
  Validate Data: Ensure that all data related to the hedging relationship is complete and accurate. Check for any missing or incorrect entries.
  
  
  Review Hedging Criteria: Verify that the hedging relationship meets all necessary criteria for effectiveness. This may involve checking the correlation between the hedging instrument and the underlying exposure.
  
  
  Authorization Check: Confirm that the user has the appropriate authorizations to create hedging relationships. If not, work with your SAP security team to obtain the necessary permissions.
  
  
  Consult SAP Notes: Check for any relevant SAP Notes or updates that may address known issues related to this error message. SAP frequently releases patches and updates that can resolve specific problems.
  
  
  Technical Support: If the issue persists, consider reaching out to SAP support for assistance. They can provide more detailed troubleshooting based on your specific system configuration and version.
  
  
  Related Information:
  
  SAP Documentation: Refer to the official SAP documentation for Treasury and Risk Management for detailed guidance on configuring and managing hedging relationships.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  Training and Resources: Consider additional training or resources on SAP TRM to better understand the processes and configurations involved in managing hedging relationships.
  
  By systematically addressing these areas, you should be able to identify the cause of the TPM_THX1426 error and implement an appropriate solution.