How To Fix TPM_THX1586 - Value date &1 of trans &2 cannot be before previous dedesignation date &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 586

• Message text: Value date &1 of trans &2 cannot be before previous dedesignation date &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1586 - Value date &1 of trans &2 cannot be before previous dedesignation date &3 ?

  The SAP error message TPM_THX1586 indicates that there is an issue with the value date of a transaction in the Treasury and Risk Management module (TRM). Specifically, it states that the value date of the transaction cannot be set before the previous dedesignation date. This typically occurs in the context of financial transactions, such as derivatives or hedging instruments, where the timing of transactions is critical.
  Cause:
  The error arises when you attempt to enter a value date for a transaction that is earlier than the dedesignation date of a previous transaction. The dedesignation date is the date on which a financial instrument is no longer designated for hedge accounting or is removed from a hedge relationship. This ensures that the accounting treatment of financial instruments is consistent and follows the rules set by accounting standards.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Dates: Review the value date of the transaction you are trying to enter and compare it with the dedesignation date of the previous transaction. Ensure that the value date is not earlier than the dedesignation date.
  
  
  Adjust the Value Date: If the value date is indeed earlier than the dedesignation date, you will need to adjust the value date of the new transaction to a date that is on or after the dedesignation date.
  
  
  Review Transaction History: If you are unsure about the dedesignation date, you can look at the transaction history or documentation related to the previous transaction to confirm the correct dates.
  
  
  Consult Documentation: If you are unfamiliar with the dedesignation process or the implications of changing dates, consult your organization's internal documentation or SAP help resources for guidance.
  
  
  Seek Help from SAP Support: If you continue to experience issues or if the error seems to be occurring incorrectly, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  
  Related Information:
  
  SAP Module: This error is related to the Treasury and Risk Management (TRM) module in SAP.
  Transaction Types: The error may occur with various transaction types, including derivatives, loans, or other financial instruments.
  Hedge Accounting: Understanding the principles of hedge accounting and the significance of dedesignation dates is crucial for managing financial transactions effectively.
  SAP Notes: Check for any relevant SAP Notes that may provide additional context or solutions for this error.
  
  By following these steps, you should be able to resolve the TPM_THX1586 error and proceed with your transaction in SAP.