How To Fix TPM_THX1454 - No market data set ID entered in hedging area &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 454

• Message text: No market data set ID entered in hedging area &1

What causes this issue?

No market data set ID has been entered in hedging area &V1&. However,
in the hedging profile, the effectiveness test is defined as optional or
mandatory.

System Response

It is not possible to create a hedging relationship.

How to fix this error?

Enter a market data set in the corresponding hedging area.

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_THX1454 - No market data set ID entered in hedging area &1 ?

  The SAP error message TPM_THX1454 indicates that there is no market data set ID entered in the hedging area specified. This error typically occurs in the context of Treasury and Risk Management (TRM) when dealing with hedging transactions or financial instruments that require market data for valuation or risk assessment.
  Cause:
  
  Missing Market Data Set ID: The primary cause of this error is that the market data set ID, which is necessary for the valuation of the hedging instruments, has not been specified in the hedging area.
  Configuration Issues: There may be configuration issues in the Treasury module where the market data set is not properly defined or linked to the hedging area.
  Data Entry Errors: Users may have overlooked entering the required market data set ID during the transaction processing.
  
  Solution:
  
  
  Enter Market Data Set ID: 
  
  Navigate to the hedging area specified in the error message.
  Ensure that a valid market data set ID is entered. This ID should correspond to the market data that is relevant for the financial instruments you are working with.
  
  
  
  Check Configuration:
  
  Review the configuration settings in the SAP system for Treasury and Risk Management.
  Ensure that the market data sets are properly defined and linked to the relevant hedging areas.
  You may need to consult with your SAP administrator or a functional consultant to verify that the market data configuration is correct.
  
  
  
  Review Documentation: 
  
  Check the SAP documentation or help files related to Treasury and Risk Management for any specific instructions on how to set up market data sets and hedging areas.
  
  
  
  Testing: 
  
  After entering the market data set ID, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing market data and hedging, such as TPM1, TPM2, or TPM3.
  SAP Notes: Look for any SAP Notes related to this error message for additional guidance or patches that may address known issues.
  User Roles and Authorizations: Ensure that the user has the necessary roles and authorizations to access and modify the hedging area and market data settings.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support or your internal IT team for further troubleshooting.