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 dates for both options in the zero-cost collar. Ensure that they are the same. If they are not, adjust them to match.
  
  
  Review Transaction Details: Verify all details of the transaction, including the terms of the options, to ensure they are correctly set up.
  
  
  Correct Data Entry: If you find any discrepancies in the data entry, correct them and try to process the transaction again.
  
  
  Consult Documentation: Refer to SAP documentation or user manuals for guidance on setting up zero-cost collars and the requirements for value dates.
  
  
  System Configuration: If the issue persists, check with your SAP administrator or support team to ensure that the system configuration allows for the correct handling of zero-cost collars and their associated value dates.
  
  
  Testing: After making corrections, test the transaction in a development or test environment before applying changes in the production environment.
  
  
  Related Information:
  
  SAP Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing financial instruments, such as TPM1 (Transaction Management) or TPM2 (Transaction Management: Display).
  Documentation: Review SAP Help Portal or SAP Notes related to treasury management and derivatives for additional insights and troubleshooting steps.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to resolve the TPM_THX1576 error and successfully process your zero-cost collar transaction.