How To Fix TPM_THXE1038 - Hedge profile &1: Start date for prospective test method is missing

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 038

• Message text: Hedge profile &1: Start date for prospective test method is missing

What causes this issue?

The profile settings of the hedge realtionship has not defined the
prospective effectiveness test start date.

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?

In the customizing settings of the profile define the value of the field
prospective effectiveness test start date.

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_THXE1038 - Hedge profile &1: Start date for prospective test method is missing ?

  The SAP error message TPM_THXE1038 indicates that there is a missing start date for the prospective test method in a hedge profile. This error typically occurs in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedge accounting.
  Cause:
  The error arises when the system expects a start date for a prospective test method but does not find one. This can happen due to several reasons:
  
  Incomplete Hedge Profile Configuration: The hedge profile may not have been fully configured, and the start date for the prospective test method was not specified.
  Data Entry Error: During the creation or modification of the hedge profile, the start date may have been inadvertently left blank.
  System Configuration Issues: There may be issues with the system settings or configurations that prevent the start date from being recognized.
  
  Solution:
  To resolve the TPM_THXE1038 error, you can follow these steps:
  
  
  Check Hedge Profile Configuration:
  
  Navigate to the hedge profile in question.
  Ensure that all required fields, including the start date for the prospective test method, are filled in correctly.
  
  
  
  Enter the Missing Start Date:
  
  If the start date is missing, enter the appropriate date in the hedge profile configuration.
  Make sure that the date is valid and aligns with your accounting periods.
  
  
  
  Review Related Settings:
  
  Check if there are any related settings or dependencies that might affect the hedge profile configuration.
  Ensure that all necessary prerequisites for the hedge accounting process are met.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, run the prospective test method again to verify that the error has been resolved.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on hedge profile configuration and prospective test methods.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Hedge Accounting: Understanding the principles of hedge accounting and the role of prospective tests in assessing the effectiveness of hedging relationships can provide context for this error.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with transaction codes related to hedge accounting (e.g., TPM1, TPM2) to navigate the system effectively.
  
  By following these steps, you should be able to resolve the TPM_THXE1038 error and ensure that your hedge profile is correctly configured for prospective testing.