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

TPM_THX1509 - Overview

• 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hedging relationships created by the late designation have been revoked.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