What's New Viewer - SAP S/4HANA

TRM, HM, HACC (FX Risk), FX Swap Transaction

This feature enables swap processing of hedging relationships.

In case an overhedge situation occurred, hedging relationships can now be swapped to an earlier or later exposure item period by trading FX swap transactions.

The designation of a FX swap into a hedging relationship is initiated with a swap request using the Hedge Request function in the Hedge Management Cockpit.

Technical Details

Product Feature is

New

Country Dependency

Available in all countries/regions

Application Component

FIN-FSCM-TRM

Availability

SAP S/4HANA 1709 FPS01

Additional Details

Hedging relationships can be swapped to another exposure item period by trading swap transactions in case an overhedge situation was detected in the Hedge Management Cockpit.

The hedge request of type Swap is created in the Hedge Management Cockpit and contains information about the hedging relationships to be swapped to another exposure item period. The hedge request is forwarded to the FX trader who closes the FX transactions on the market. FX transactions that are combined to an FX swap transaction are referenced by the reference category SWP. The FX trader adds the relevant hedging classification to the FX swap transactions and the ID of the hedge request to the FX transactions.

Effects on Existing Data

A new business transaction category Hedging Relationship Swap Transfer was introduced.

The functions Release Hedging Business Transactions (transaction TPM120) and Reverse Release of Hedging Business Transactions (transaction TPM121) were enhanced to enable end-of-day processing activities.

Effects on Customizing

A new designation category N Instruments (Swap) Designation Pattern is introduced and assigned to a newly defined designation type NFX - Designation of FX Swap (2n + 1 Hedging Instruments). You can define designation types in Customizing under Start of the navigation pathTreasury and Risk Management Next navigation step Transaction Manager Next navigation step General Settings Next navigation step Hedge Accounting for Positions Next navigation step Settings for Automated Designation of Exposure Items (FX Risk)End of the navigation path.

New update types were defined for the creation of transfer flows for hedging reserve, cost of hedging reserve, all P/L ineffective components and reclassification using the Customizing activity Define Update Types and Assign Usages.

See Also

For more information, see http://help.sap.com/s4hana_op_1709_001 under Start of the navigation pathProduct Assistance Next navigation step Enterprise Business Applications Next navigation step Finance Next navigation step Treasury and Finanical Risk Management End of the navigation path. Search for Hedge Management and Accounting of Net Open Exposures (FX Risk).