How To Fix TPM_THXE1501 - Eff.Test not possible. Deal &1/&2 is in wrong status

TPM_THXE1501 - Overview

• Message type: E = Error

• Message class: TPM_THXE1 - message class for effectiveness test

• Message number: 501

• Message text: Eff.Test not possible. Deal &1/&2 is in wrong status

What causes this issue?

An effectiveness test for an forward stock transaction should be done on
the close transaction. The system does not find a business transaction
representing a cash settlement (business transaction category "4006") or
an exercise (business transaction category "4004"). Before delivery an
effectiveness test is not possible.

System Response

Please create the appropriate delivery first.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

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_THXE1501 - Eff.Test not possible. Deal &1/&2 is in wrong status ?

  The SAP error message TPM_THXE1501, which states "Eff.Test not possible. Deal &1/&2 is in wrong status," typically occurs in the context of Treasury and Risk Management (TRM) when you are trying to perform an effective test on a deal that is not in a valid status for that operation.
  
  Cause:
  The error is caused by the deal being in a status that does not allow for effective testing. Common statuses that might lead to this error include:
  
  The deal is still in a draft or preliminary status.
  The deal has been completed or settled, and no further testing can be performed.
  The deal is in a status that is not compatible with the effective test operation.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Deal Status: 
  
  Navigate to the deal in question using the transaction code for Treasury Management (e.g., TPM1, TPM2, etc.).
  Verify the current status of the deal. You can find this