How To Fix TPM_THX1553 - Transaction &1 in CoCd &2 and Val.Area &3 already in hedging relationship

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 553

• Message text: Transaction &1 in CoCd &2 and Val.Area &3 already in hedging relationship

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1553 - Transaction &1 in CoCd &2 and Val.Area &3 already in hedging relationship ?

  The SAP error message TPM_THX1553 indicates that a transaction (identified by &1) in a specific company code (CoCd &2) and valuation area (Val.Area &3) is already part of a hedging relationship. This typically occurs in the context of Treasury and Risk Management (TRM) when dealing with hedging instruments and their underlying transactions.
  Cause:
  The error arises when you attempt to create or modify a hedging relationship for a transaction that is already linked to an existing hedging relationship. This can happen due to:
  
  Duplicate Entries: The transaction has already been assigned to a hedging relationship, and you are trying to assign it again.
  Incorrect Transaction Data: There may be an attempt to create a hedging relationship with incorrect or incomplete transaction data.
  System Configuration: The system may not be configured correctly to handle the hedging relationships as expected.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Hedging Relationships:
  
  Use transaction codes like TPM1 or TPM2 to review existing hedging relationships for the transaction in question. Ensure that the transaction is not already linked to another hedging relationship.
  
  
  
  Modify or Delete Existing Relationships:
  
  If the transaction is indeed linked to an existing hedging relationship and you need to change it, you may need to modify or delete the existing relationship before creating a new one.
  
  
  
  Review Transaction Data:
  
  Ensure that the transaction data is correct and complete. Check for any inconsistencies that might prevent the creation of a new hedging relationship.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Treasury and Risk Management for specific guidelines on managing hedging relationships.
  
  
  
  Contact SAP Support:
  
  If the issue persists and you cannot identify the cause, consider reaching out to SAP support for assistance. They can provide insights based on the specific configuration and version of your SAP system.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP Treasury, such as TPM1 (Create Hedging Relationship), TPM2 (Change Hedging Relationship), and TPM3 (Display Hedging Relationship).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional context or solutions.
  Training and Documentation: Consider training sessions or documentation on SAP Treasury and Risk Management to better understand how hedging relationships work within the system.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.