How To Fix TPM_THX1521 - Designation category &1 not allowed for collar FX option

TPM_THX1521 - Overview

• Message type: E = Error

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

• Message number: 521

• Message text: Designation category &1 not allowed for collar FX option

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_THX1521 - Designation category &1 not allowed for collar FX option ?

  The SAP error message TPM_THX1521, which states "Designation category &1 not allowed for collar FX option," typically occurs in the context of Treasury and Risk Management (TRM) when dealing with financial instruments, specifically foreign exchange (FX) options.
  
  Cause:
  This error is usually triggered when you are trying to create or process a collar FX option with a designation category that is not compatible with the requirements of the collar structure. The designation category defines how the financial instrument is treated in terms of accounting and reporting, and certain categories may not be allowed for specific types of instruments like collar options.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Designation Category: Review the designation category you are using for the collar FX option. Ensure that it is appropriate for this type of financial instrument. You may need to refer to your organization's financial policies or SAP documentation to confirm which designation