How To Fix TPM_THX1577 - Trans. &1 is in a designated zero cost collar.

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 577

• Message text: Trans. &1 is in a designated zero cost collar.

What causes this issue?

You are trying to change the value date of option &V1&.
This transaction is contained in a designated zero cost collar together
with option &V2&.

System Response

The changes in option &V1& will be saved, but the corresponding hedging
relationship(s) will be inconsistent.
Option &V1& will remain in the list of transactions to be reprocessed
in transaction <AB>TPM104</> (function
<DS:TRAN.TPM104>Reprocess Financial Transactions for Automated
Designation)</> until option &V2& has also been changed accordingly.

How to fix this error?

Change also the second option of the zero cost collar accordingly. This
way, the corresponding hedging relationship(s) will be processed
according to the changes in both options of 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_THX1577 - Trans. &1 is in a designated zero cost collar. ?

  The SAP error message TPM_THX1577 indicates that a transaction is in a designated zero cost collar. This typically occurs in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with financial instruments such as options or collars.
  Cause:
  The error arises when you attempt to process a transaction that is part of a zero cost collar, but the system has identified that the transaction is not in a valid state for the operation you are trying to perform. A zero cost collar is a financial strategy that involves the use of options to limit potential losses while also capping potential gains. The error may occur due to:
  
  Incorrect Transaction Status: The transaction may not be in a status that allows for the action you are trying to perform (e.g., posting, changing, or deleting).
  Configuration Issues: There may be configuration settings in the system that are not aligned with the requirements for processing zero cost collars.
  Missing Data: Required data or parameters for the transaction may be missing or incorrectly set.
  
  Solution:
  To resolve the TPM_THX1577 error, you can take the following steps:
  
  
  Check Transaction Status: Verify the status of the transaction in question. Ensure that it is in a state that allows for the desired operation. You may need to change the status or complete any prerequisite steps.
  
  
  Review Configuration: Check the configuration settings related to zero cost collars in your SAP system. Ensure that all necessary settings are correctly defined and that the transaction complies with these settings.
  
  
  Validate Data: Ensure that all required data for the transaction is present and correctly entered. This includes checking for any missing fields or incorrect values.
  
  
  Consult Documentation: Refer to SAP documentation or help resources specific to Treasury and Risk Management for guidance on handling zero cost collars and related transactions.
  
  
  Seek Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in Treasury and Risk Management.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to Treasury and Risk Management, as they may provide additional insights or tools for managing financial instruments.
  Training and Resources: Consider training sessions or resources on SAP Treasury and Risk Management to better understand how to manage financial transactions and avoid similar errors in the future.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.