How To Fix TPM_THX1576 - Value date is not the same for both options in zero cost collar.

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 576

• Message text: Value date is not the same for both options in zero cost collar.

What causes this issue?

Value date &V2& of option (&V1&) differs from value date &V4& of the
other option contained in the zero cost collar (&V3&).

System Response

It's not possible to save the changes.

How to fix this error?

Please check and correct the value date of the options in the zero cost
collar.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1576 - Value date is not the same for both options in zero cost collar. ?

  The SAP error message TPM_THX1576 indicates that there is a discrepancy in the value dates for the options involved in a zero-cost collar transaction. A zero-cost collar is a financial derivative strategy that involves the simultaneous purchase and sale of options to limit potential losses while also capping potential gains.
  
  Cause:
  The error arises when the value dates (the dates on which the financial transactions are effective) for the two options in the zero-cost collar do not match. This can happen due to:
  
  Incorrect Data Entry: The value dates for the options may have been entered incorrectly during the transaction setup.
  Different Contract Terms: The options may have different expiration dates or terms that do not align.
  System 
  Configuration Issues: There may be settings in the SAP system that enforce consistency in value dates that are not being adhered to.
  
  
  Solution:
  To resolve the TPM_THX1576 error, you can take the following steps:
  
  
  Check Value Dates: Review the value