How To Fix TPM_THXE1061 - Hedge profile &1: Maximum axis coefficient is missing for prosp. regr.

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 061

• Message text: Hedge profile &1: Maximum axis coefficient is missing for prosp. regr.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_THXE1061 - Hedge profile &1: Maximum axis coefficient is missing for prosp. regr. ?

  The SAP error message TPM_THXE1061 indicates that there is a problem with the hedge profile in the context of a transaction management or treasury management scenario, specifically related to the maximum axis coefficient for a prospective regression analysis. This error typically arises in the context of financial instruments and hedging strategies where regression analysis is used to assess the effectiveness of hedges.
  Cause:
  The error is caused by the absence of a maximum axis coefficient in the hedge profile configuration. This coefficient is necessary for the system to perform the regression analysis correctly. The missing coefficient can lead to issues in calculating the effectiveness of hedging relationships, which is critical for compliance with accounting standards.
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Hedge Profile Configuration:
  
  Navigate to the configuration settings for the hedge profile in the SAP system.
  Ensure that all required parameters, including the maximum axis coefficient, are defined correctly.
  
  
  
  Define Maximum Axis Coefficient:
  
  If the maximum axis coefficient is missing, you will need to define it. This can usually be done in the transaction code related to hedge profile configuration (e.g., TPM1 for creating or TPM2 for changing hedge profiles).
  Enter the appropriate value for the maximum axis coefficient based on your financial analysis requirements.
  
  
  
  Review Regression Settings:
  
  Ensure that all other settings related to regression analysis are correctly configured. This includes checking the data sources and any other coefficients that may be required.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the hedge profile to ensure that the error no longer occurs and that the regression analysis can be performed successfully.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring hedge profiles and regression analysis.
  
  
  
  Seek Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in treasury management.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  TPM1: Create Hedge Profile
  TPM2: Change Hedge Profile
  TPM3: Display Hedge Profile
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error or provide additional guidance on hedge profile configuration.
  
  
  
  Documentation:
  
  Review the SAP Help Portal for detailed documentation on treasury management and hedge accounting.
  
  
  
  By following these steps, you should be able to resolve the TPM_THXE1061 error and ensure that your hedge profile is correctly configured for regression analysis.