How To Fix TPM_THXE1015 - Hedging rel. &1/&2: Prospective test for bus. trans. &3 is not effective

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 015

• Message text: Hedging rel. &1/&2: Prospective test for bus. trans. &3 is not effective

What causes this issue?

You want to calculate a prospective effectiveness test. This step in
Hedge Accounting is only allowed if the hedging relationship was always
tested as effective in the history before the test date in both test
types, prospective and retrospective effectiveness test.

System Response

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

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THXE1015 - Hedging rel. &1/&2: Prospective test for bus. trans. &3 is not effective ?

  The SAP error message TPM_THXE1015 indicates that a prospective test for a business transaction in the context of hedging is not effective. This error typically arises in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedging transactions.
  Cause:
  The error message can be triggered by several factors, including:
  
  Inconsistent Data: The data related to the hedging relationship or the underlying transaction may be inconsistent or incomplete.
  Hedging Relationship Issues: The hedging relationship may not be properly defined or may not meet the criteria for effectiveness testing.
  Market Data: The market data used for the effectiveness test may be missing or incorrect.
  Transaction Type: The business transaction may not be of a type that is eligible for hedging or may not be linked correctly to the hedging relationship.
  Configuration Issues: There may be configuration issues in the system related to the hedging functionality.
  
  Solution:
  To resolve the TPM_THXE1015 error, you can take the following steps:
  
  Check Hedging Relationship: Verify that the hedging relationship is correctly defined and that all necessary parameters are set up properly.
  Review Business Transaction: Ensure that the business transaction referenced in the error message is correctly linked to the hedging relationship and that it meets the criteria for effectiveness testing.
  Validate Data: Check the data for completeness and consistency. Ensure that all required fields are filled out and that the data is accurate.
  Market Data: Ensure that the market data required for the effectiveness test is available and correct. This may involve checking the market rates or other relevant financial data.
  Run Effectiveness Test: After making the necessary corrections, attempt to run the effectiveness test again to see if the issue is resolved.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on hedging relationships and effectiveness testing.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  Related Information:
  
  Hedging Relationships: Understanding how hedging relationships are defined and managed in SAP is crucial. This includes knowing the types of hedges (fair value, cash flow, etc.) and the associated accounting implications.
  Effectiveness Testing: Familiarize yourself with the requirements for effectiveness testing in SAP, including the criteria that must be met for a hedge to be considered effective.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  By following these steps and understanding the underlying concepts, you should be able to address the TPM_THXE1015 error effectively.