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

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  • Self-Explanatory Message

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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

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