How To Fix TPM_THXE1055 - Hedge profile &1: Control param. for retrosp. regr. eff. test is missing

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 055

• Message text: Hedge profile &1: Control param. for retrosp. regr. eff. test is missing

Self-Explanatory Message

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• What is the cause and solution for SAP error message TPM_THXE1055 - Hedge profile &1: Control param. for retrosp. regr. eff. test is missing ?

  The SAP error message TPM_THXE1055 indicates that there is a missing control parameter for the retrospective regression effectiveness test in the context of hedge profiles. This error typically arises in the Treasury and Risk Management (TRM) module, particularly when dealing with hedging relationships and effectiveness testing.
  Cause:
  The error is caused by the absence of a required control parameter in the hedge profile configuration. This parameter is essential for performing the retrospective effectiveness test, which assesses whether the hedging relationship is effective in offsetting the risk associated with the hedged item.
  Solution:
  To resolve this error, you need to ensure that the necessary control parameters are set up correctly in the hedge profile. Here are the steps to do this:
  
  
  Access the Hedge Profile Configuration:
  
  Go to the transaction code TPM1 (or use the appropriate navigation path in your SAP system) to access the hedge profile settings.
  
  
  
  Check Control Parameters:
  
  Locate the hedge profile that is causing the error (indicated by &1 in the error message).
  Review the control parameters related to retrospective effectiveness testing. Ensure that all required fields are filled in correctly.
  
  
  
  Set Missing Parameters:
  
  If any parameters are missing, fill them in according to your organization's hedging strategy and accounting policies. Common parameters include:
  
  Effectiveness testing method
  Thresholds for effectiveness
  Reporting settings
  
  
  
  
  
  Save Changes:
  
  After making the necessary adjustments, save the changes to the hedge profile.
  
  
  
  Re-run the Effectiveness Test:
  
  Once the parameters are set, attempt to re-run the retrospective effectiveness test to verify that the error has been resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for detailed information on hedge profile configuration and effectiveness testing.
  Transaction Codes:
  
  TPM1: Create/Change Hedge Profile
  TPM2: Display Hedge Profile
  TPM3: Effectiveness Test
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide additional guidance related to this error message.
  Consult with Experts: If you are unsure about the correct parameters to set, consult with your finance or treasury team, or reach out to SAP support for assistance.
  
  By following these steps, you should be able to resolve the TPM_THXE1055 error and ensure that your hedge profile is correctly configured for effectiveness testing.