How To Fix TPM_THX1457 - Hedging profile for underlying must be an FX scenario

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 457

• Message text: Hedging profile for underlying must be an FX scenario

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1457 - Hedging profile for underlying must be an FX scenario ?

  The SAP error message TPM_THX1457 indicates that there is an issue with the hedging profile associated with an underlying transaction in the Treasury and Risk Management (TRM) module, specifically in the context of foreign exchange (FX) scenarios. This error typically arises when the system expects a hedging profile that is specifically designed for FX transactions, but the current configuration does not meet this requirement.
  Cause:
  
  Incorrect Hedging Profile: The hedging profile assigned to the underlying transaction is not set up for FX scenarios. This can happen if the profile is meant for a different type of financial instrument or transaction.
  Configuration Issues: There may be a misconfiguration in the settings of the hedging profiles or the underlying transaction types.
  Transaction Type Mismatch: The transaction type of the underlying may not align with the expected transaction type for the hedging profile.
  
  Solution:
  
  Check Hedging Profile: Verify that the hedging profile assigned to the underlying transaction is indeed configured for FX scenarios. You can do this by navigating to the relevant configuration settings in the SAP system.
  Assign Correct Profile: If the current hedging profile is incorrect, assign a hedging profile that is specifically designed for FX transactions. This can be done in the transaction where you define or edit the hedging profile.
  Review Configuration: Ensure that the configuration for both the hedging profile and the underlying transaction type is correct. This may involve checking the settings in the customizing transaction (SPRO) for Treasury and Risk Management.
  Consult Documentation: Refer to SAP documentation or help resources for guidance on setting up hedging profiles and ensuring they are appropriate for the types of transactions you are processing.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TPM1 (Hedging Management) and TPM2 (Hedging Profile) to navigate the system effectively.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to hedging profiles and underlying transactions.
  Testing: After making changes, conduct thorough testing to ensure that the error is resolved and that the system behaves as expected.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in Treasury and Risk Management for further assistance.