How To Fix G0652 - Clearing item not defined for consolidation of investments

SAP Error Message - Details

• Message type: E = Error

• Message class: G0 - Messages for SAP Consolidation

• Message number: 652

• Message text: Clearing item not defined for consolidation of investments

What causes this issue?

You entered a selected item that is not defined.
The system needs this item when the balance equals 0 on the transaction
currency level.

System Response

Error

How to fix this error?

Define the missing selected item in the Implementation Guide.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G0652 - Clearing item not defined for consolidation of investments ?

  The SAP error message G0652, "Clearing item not defined for consolidation of investments," typically occurs in the context of financial consolidation processes within SAP, particularly when dealing with investment accounting and consolidation of financial statements.
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Missing Clearing Item: The system cannot find a clearing item that is necessary for the consolidation of investments. This could be due to incorrect or incomplete configuration in the system.
  
  
  Incorrect Configuration: The settings for the consolidation process may not be properly defined. This includes settings related to the investment accounts, clearing accounts, or the consolidation group.
  
  
  Data Entry Issues: There may be issues with the data entered for the investment transactions, such as missing or incorrect account assignments.
  
  
  Inconsistent Data: The data in the investment accounts may not be consistent with the requirements for consolidation, leading to the inability to find a valid clearing item.
  
  
  Solution:
  To resolve the G0652 error, you can take the following steps:
  
  
  Check Configuration:
  
  Review the configuration settings for the consolidation of investments in the SAP system. Ensure that the clearing accounts are properly defined in the relevant configuration settings (e.g., in the Financial Accounting (FI) module).
  Verify that the investment accounts and clearing accounts are correctly linked in the system.
  
  
  
  Review Investment Transactions:
  
  Check the investment transactions that are being processed. Ensure that all necessary data is entered correctly, including account assignments and clearing items.
  Look for any missing or incorrect entries that could lead to the error.
  
  
  
  Run Consistency Checks:
  
  Use SAP tools to run consistency checks on the investment accounts and the consolidation data. This can help identify any discrepancies that need to be addressed.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the configuration and handling of investment consolidations. This may provide insights into common pitfalls and best practices.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial consolidation processes. They can provide more tailored assistance based on your specific system setup.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (for defining clearing accounts) and OBD2 (for defining account determination).
  SAP Notes: Check for any SAP Notes related to error G0652, as they may provide specific fixes or patches that address known issues.
  Training and Documentation: Ensure that users involved in the consolidation process are adequately trained and have access to documentation that outlines the procedures and requirements for investment accounting and consolidation.
  
  By following these steps, you should be able to identify the root cause of the G0652 error and implement the necessary solutions to resolve it.