How To Fix TPM_THXE1032 - Hedge profile &1: Prospective eff. test method is missing

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 032

• Message text: Hedge profile &1: Prospective 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_THXE1032 - Hedge profile &1: Prospective eff. test method is missing ?

  The SAP error message TPM_THXE1032 indicates that there is a missing prospective 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 hedge accounting operation, and the system cannot find the necessary configuration for the effectiveness testing of the hedge.
  Cause:
  
  Missing Configuration: The hedge profile you are using does not have a defined prospective effectiveness test method. This could be due to incomplete setup or configuration in the system.
  Incorrect Hedge Profile: The hedge profile assigned to the transaction may not be correctly set up to include the necessary effectiveness testing methods.
  System Upgrade or Changes: If there have been recent changes or upgrades to the SAP system, it may have affected the configuration of hedge profiles.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Hedge Profile Configuration:
  
  Go to the transaction code TPM1 (or the relevant transaction for hedge profile configuration).
  Locate the hedge profile that is causing the error.
  Ensure that a prospective effectiveness test method is assigned to the hedge profile.
  
  
  
  Define Effectiveness Test Method:
  
  If no method is defined, you will need to create one. This can typically be done in the configuration settings for hedge accounting.
  Navigate to the relevant configuration area (usually under Financial Accounting or Treasury Management) and define the effectiveness test method.
  
  
  
  Assign the Test Method:
  
  Once the effectiveness test method is created, go back to the hedge profile and assign the newly created method to it.
  
  
  
  Validate Configuration:
  
  After making changes, validate the configuration to ensure that the hedge profile is now correctly set up with the required effectiveness test method.
  
  
  
  Test the Transaction:
  
  After making the necessary changes, try to execute the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for detailed steps on configuring hedge profiles and effectiveness testing.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Consult with SAP Support: If the issue persists after following the above steps, consider reaching out to SAP Support for further assistance.
  
  By ensuring that the hedge profile is correctly configured with a prospective effectiveness test method, you should be able to resolve the TPM_THXE1032 error and proceed with your hedge accounting activities.