How To Fix TPM_THXE1016 - Hedging rel. &1/&2: Retrospective test for bus. tran. &3 is not effective

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 016

• Message text: Hedging rel. &1/&2: Retrospective test for bus. tran. &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.