How To Fix G0553 - Item &1 for changes in investments is not a value item

SAP Error Message - Details

• Message type: E = Error

• Message class: G0 - Messages for SAP Consolidation

• Message number: 553

• Message text: Item &1 for changes in investments is not a value item

What causes this issue?

<DS:GLOS.financial_statement_item>Item</> &v1& is either defined as a
totals item or as a text item.

System Response

Processing terminated

How to fix this error?

Correct the master data for item &v1& in Consolidation Customizing or
specify a value item in its place.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G0553 - Item &1 for changes in investments is not a value item ?

  The SAP error message G0553, which states "Item &1 for changes in investments is not a value item," typically occurs in the context of asset accounting or investment management when there is an attempt to post a transaction related to an investment item that is not recognized as a value item in the system.
  Cause:
  
  Item Type: The item you are trying to post changes to is not classified as a value item in the system. In SAP, value items are those that can be capitalized or depreciated, while non-value items may be related to costs or other non-capitalizable expenses.
  Configuration Issues: There may be configuration issues in the asset accounting settings or investment management settings that do not properly classify the item.
  Incorrect Posting: The transaction being posted may not be appropriate for the item type, such as trying to post a capital expenditure to a non-capitalizable item.
  
  Solution:
  
  Check Item Classification: Verify the classification of the item in question. Ensure that it is set up as a value item in the system. You can do this by checking the asset master data or investment item settings.
  Review Configuration: If the item is supposed to be a value item, review the configuration settings in the Asset Accounting (FI-AA) or Investment Management (IM) modules to ensure that the item types are correctly defined.
  Correct Posting: If the item is indeed a non-value item, ensure that you are using the correct transaction type for posting. You may need to adjust your posting to align with the item’s classification.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the item types and their classifications.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like AS01 (Create Asset), AS02 (Change Asset), or IM01 (Create Investment Measure) to check or modify the asset or investment item.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to perform the actions related to asset accounting or investment management.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in asset accounting or investment management.