How To Fix TPM_THXE1047 - Hedge profile &1: Effectiveness test result validity is missing

TPM_THXE1047 - Overview

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 047

• Message text: Hedge profile &1: Effectiveness test result validity is missing

What causes this issue?

In the profile customizing if the effectiveness validity field is
initial then this message is caused.

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 Profile customizing , enter the validity of the effectiveness
test.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

TPM_THXE1047 - Details

• The SAP error message TPM_THXE1047 indicates that there is a missing validity for the effectiveness test result of a hedge profile in the Treasury and Risk Management module. This error typically arises when the system is unable to find the necessary data to validate the effectiveness of a hedge relationship, which is crucial for compliance with accounting standards such as IFRS or US GAAP.
  
  Cause:
  
  Missing Effectiveness Test Results: The effectiveness test results for the hedge profile may not have been generated or recorded in the system.
  Incorrect Configuration: The hedge profile may not be properly configured, leading to missing parameters or settings required for the effectiveness test.
  Data Inconsistency: There may be inconsistencies in the data related to the hedging relationship, such as missing or incorrect entries in the hedge accounting settings.
  Timing Issues: The effectiveness test may not have been executed at the appropriate time, or the results may not have been updated