How To Fix TPM_THX1588 - No authorization to process hedging rel. &1 in CoCode &2 ValArea &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 588

• Message text: No authorization to process hedging rel. &1 in CoCode &2 ValArea &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THX1588 - No authorization to process hedging rel. &1 in CoCode &2 ValArea &3 ?

  The SAP error message TPM_THX1588 indicates that a user does not have the necessary authorization to process a hedging relationship in a specific company code and valuation area. This error typically arises in the context of Treasury and Risk Management (TRM) when dealing with hedging transactions.
  Cause:
  The error is caused by a lack of appropriate authorizations in the user's role or profile. Specifically, the user may not have the required permissions to access or modify the hedging relationship identified by the parameters in the error message (hedging relationship number &1, company code &2, and valuation area &3).
  Solution:
  To resolve this issue, you can take the following steps:
  
  
  Check User Authorizations:
  
  Use transaction code SU53 immediately after encountering the error to see which authorization checks failed. This will provide insight into what specific authorizations are missing.
  
  
  
  Review User Roles:
  
  Go to transaction code PFCG to review the roles assigned to the user. Ensure that the roles include the necessary authorizations for Treasury and Risk Management, particularly for the relevant company code and valuation area.
  
  
  
  Modify Authorizations:
  
  If the required authorizations are missing, you may need to modify the existing roles or create a new role that includes the necessary permissions. This may involve:
  
  Adding authorization objects related to hedging relationships (e.g., F_TPM_HEDG).
  Ensuring that the user has access to the specific company code and valuation area.
  
  
  
  
  
  Consult with Security Team:
  
  If you do not have the necessary permissions to change roles or authorizations, consult with your SAP security team or administrator. They can assist in reviewing and updating the user's authorizations.
  
  
  
  Testing:
  
  After making changes to the user roles or authorizations, have the user log out and log back in to ensure that the changes take effect. Then, attempt to process the hedging relationship again.
  
  
  
  Related Information:
  
  
  Authorization Objects: Familiarize yourself with the relevant authorization objects for Treasury and Risk Management, such as:
  
  F_TPM_HEDG (Hedging Relationship)
  F_TPM_VAL (Valuation)
  
  
  
  Transaction Codes:
  
  SU53: Display Authorization Check
  PFCG: Role Maintenance
  SE93: Transaction Codes for Authorization Checks
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on authorization management and the specific requirements for Treasury and Risk Management.
  
  
  By following these steps, you should be able to identify and resolve the authorization issue causing the TPM_THX1588 error.