How To Fix TPM_THXE1048 - Hedge profile &1: Control para. for prosp. regression eff. test missing

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 048

• Message text: Hedge profile &1: Control para. for prosp. regression eff. test missing

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THXE1048 - Hedge profile &1: Control para. for prosp. regression eff. test missing ?

  The SAP error message TPM_THXE1048 indicates that there is a missing control parameter for the prospective regression effectiveness test in a hedge profile. This error typically arises in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with hedge accounting.
  Cause:
  The error occurs when the system attempts to perform a prospective effectiveness test for a hedge relationship, but the necessary control parameters have not been defined in the hedge profile. This can happen if:
  
  The hedge profile is not fully configured.
  Required settings for the effectiveness test are missing or incorrectly set.
  The hedge profile is being used in a context where it expects certain parameters to be defined.
  
  Solution:
  To resolve this error, you should take the following steps:
  
  
  Check Hedge Profile Configuration:
  
  Navigate to the hedge profile in the SAP system.
  Ensure that all required fields and parameters are filled out correctly, especially those related to effectiveness testing.
  
  
  
  Define Control Parameters:
  
  Go to the configuration settings for the hedge profile.
  Look for the section related to prospective regression effectiveness testing.
  Ensure that the necessary control parameters are defined. This may include settings for the regression model, significance levels, and other related parameters.
  
  
  
  Review Documentation:
  
  Consult the SAP documentation or help files related to hedge accounting and effectiveness testing to understand what specific parameters are required for your scenario.
  
  
  
  Test the Configuration:
  
  After making the necessary adjustments, run the prospective effectiveness test again to see if the error persists.
  
  
  
  Consult with SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for further assistance. They may provide insights specific to your system configuration.
  
  
  
  Related Information:
  
  Hedge Accounting: Understanding the principles of hedge accounting and the requirements for effectiveness testing is crucial. Familiarize yourself with the relevant accounting standards (e.g., IFRS 9 or ASC 815) that govern hedge accounting.
  SAP Notes: Check for any SAP Notes related to this error message or the hedge profile configuration. SAP Notes often contain fixes or additional guidance for known issues.
  Training and Documentation: If you are new to SAP TRM, consider undergoing training or reviewing documentation to better understand the configuration and functionality of hedge profiles and effectiveness testing.
  
  By following these steps, you should be able to identify and correct the issue causing the TPM_THXE1048 error in your SAP system.