How To Fix TPM_THX1509 - Late designation existed for trans. &1 in CoCd &2 and Val.Area &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 509

• Message text: Late designation existed for trans. &1 in CoCd &2 and Val.Area &3

What causes this issue?

You edited a financial transaction that was part of a hedging
relationship created by a late designation.

System Response

The system cannot automatically reprocess the financial transaction. All
hedging relationships created by the late designation have been revoked.
The hedging classification entered for the late designation still
belongs to the financial transaction.

How to fix this error?

If you process the financial transaction using <LS>Reprocess Financial
Transactions for Automated Designation </>(transaction <EX>TPM104</>),
the transaction will be automatically designated using the information
contained in the transaction (i.e. contract date or hedging
classification of the transaction).
If you process the financial transaction again as part of a late
designation, the financial transaction will automatically disappear from
the worklist of <LS>Reprocess Financial Transactions for Automated
Designation </>(transaction <AB>TPM104</>) afterwards.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1509 - Late designation existed for trans. &1 in CoCd &2 and Val.Area &3 ?

  The SAP error message TPM_THX1509 indicates that there is a late designation for a transaction in a specific company code (CoCd) and valuation area (Val.Area). This typically occurs in the context of Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM) modules, particularly when dealing with financial transactions, such as derivatives or other financial instruments.
  Cause:
  The error message is triggered when:
  
  A transaction is being processed that has a late designation, meaning that the designation of the transaction to a specific accounting treatment or hedge accounting is being done after the designated time frame.
  The transaction may have been posted or processed in a way that does not comply with the timing rules set in the system for designating financial instruments.
  There may be configuration issues or missing settings in the system that lead to this error.
  
  Solution:
  To resolve the TPM_THX1509 error, you can take the following steps:
  
  
  Check Transaction Dates: Verify the transaction date and ensure that the designation is being done within the allowed time frame. If the designation is late, you may need to adjust the transaction or re-evaluate the timing of the designation.
  
  
  Review Configuration: Check the configuration settings for the relevant company code and valuation area. Ensure that the settings for hedge accounting and transaction designations are correctly configured.
  
  
  Consult Documentation: Refer to SAP documentation or help files related to Treasury and Risk Management to understand the specific rules and requirements for transaction designations.
  
  
  Use Transaction Codes: Utilize relevant transaction codes (like TPM1, TPM2, etc.) to review the transaction details and designation status. This can help identify any discrepancies.
  
  
  Contact SAP Support: If the issue persists and you cannot find a resolution, consider reaching out to SAP support for assistance. They can provide insights based on the specific configuration and version of your SAP system.
  
  
  Check for Updates: Ensure that your SAP system is up to date with the latest patches and updates, as there may be bug fixes or enhancements related to this error.
  
  
  Related Information:
  
  Transaction Management: Understanding how transactions are managed in SAP, especially in the context of financial instruments, is crucial.
  Hedge Accounting: Familiarize yourself with the principles of hedge accounting, as this is often where late designations come into play.
  SAP Notes: Look for relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.