How To Fix TPM_THXE1031 - Hedge profile &1: Retrospective eff. test method is missing

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 031

• Message text: Hedge profile &1: Retrospective eff. test method is missing

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THXE1031 - Hedge profile &1: Retrospective eff. test method is missing ?

  The SAP error message TPM_THXE1031 indicates that there is a missing retrospective effectiveness test method for a hedge profile in the Treasury and Risk Management module. This error typically arises when you are trying to perform a transaction related to hedging, and the system cannot find the necessary configuration for the effectiveness testing.
  Cause:
  
  Missing Configuration: The hedge profile you are using does not have a defined retrospective effectiveness test method. This is essential for assessing the effectiveness of hedging relationships.
  Incorrect Hedge Profile: The hedge profile assigned to the transaction may not be correctly set up or may not correspond to the expected settings in the system.
  System Settings: The system may not have been properly configured to include the necessary test methods for the hedge profiles.
  
  Solution:
  
  
  Check Hedge Profile Configuration:
  
  Go to the configuration settings for the hedge profile in the SAP system.
  Navigate to the path: Transaction Code: TPM1 (for creating or changing hedge profiles).
  Ensure that a retrospective effectiveness test method is assigned to the hedge profile in question.
  
  
  
  Define Effectiveness Test Method:
  
  If no test method is defined, you will need to create one. This can typically be done in the configuration settings under the effectiveness test methods.
  Use transaction code TPM2 to define or modify effectiveness test methods.
  
  
  
  Assign Test Method to Hedge Profile:
  
  After defining the test method, ensure it is assigned to the relevant hedge profile.
  Save the changes and try to execute the transaction again.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Treasury and Risk Management for more detailed guidance on setting up hedge profiles and effectiveness testing.
  
  
  
  Check Authorizations:
  
  Ensure that you have the necessary authorizations to make changes to hedge profiles and effectiveness test methods.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  SAP Community: Engage with the SAP Community forums for insights from other users who may have encountered similar issues.
  Training and Documentation: Consider reviewing training materials or documentation related to SAP Treasury and Risk Management for a deeper understanding of hedge accounting and effectiveness testing.
  
  By following these steps, you should be able to resolve the error message TPM_THXE1031 and ensure that your hedge profiles are correctly configured for retrospective effectiveness testing.