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

TPM_THX1457 - Overview

• 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

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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