How To Fix TPM_THX1506 - Securing leg &1 doesnÆt meet the conditions of the swap request &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 506

• Message text: Securing leg &1 doesnÆt meet the conditions of the swap request &2

What causes this issue?

The FX swap does not meet the conditions of the swap request.

System Response

Automated designation of FX swap is not possible.

How to fix this error?

Check the value date of both FX transactions that form the FX swap.
The offsetting leg must have the old value date of the original exposure
item.
The securing leg must have the value date of the new exposure item.
If the dates are not as described above, change the value date of the FX
transaction using function <ZK>Edit Financial Transaction</>
(transaction <AB>FTR_EDIT</>).

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_THX1506 - Securing leg &1 doesnÆt meet the conditions of the swap request &2 ?

  The SAP error message TPM_THX1506 indicates that there is an issue with the securing leg of a swap transaction not meeting the required conditions for the swap request. This error typically arises in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with financial instruments like swaps.
  Cause:
  The error message "Securing leg &1 doesn’t meet the conditions of the swap request &2" usually occurs due to one or more of the following reasons:
  
  Inconsistent Parameters: The parameters defined for the securing leg (e.g., interest rates, payment frequency, notional amounts) do not match the requirements of the swap request.
  Missing Data: Required data for the securing leg may be missing or incorrectly configured.
  Incorrect Configuration: The configuration settings for the swap or securing leg may not align with the business rules or conditions set in the system.
  Validation Rules: The system may have specific validation rules that the securing leg does not satisfy, such as currency mismatches or date inconsistencies.
  
  Solution:
  To resolve the TPM_THX1506 error, you can take the following steps:
  
  Review the Swap Request: Check the details of the swap request (e.g., request &2) to understand the conditions that need to be met.
  Check Securing Leg Parameters: Verify the parameters of the securing leg (e.g., &1) to ensure they align with the swap request. Pay attention to:
  
  Notional amounts
  Interest rates
  Payment frequencies
  Currencies
  
  
  Validate Data Completeness: Ensure that all required fields for the securing leg are filled out correctly and completely.
  Consult Configuration Settings: Review the configuration settings in the SAP system related to swaps and securing legs to ensure they are set up correctly.
  Run Consistency Checks: Use any available tools or reports in SAP to check for inconsistencies or errors in the transaction data.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the error message and related transactions.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing swaps and securing legs, such as TPM1, TPM2, TPM3, etc.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Treasury and Risk Management.