How To Fix G0681 - 'Goodwill Entry Carried in Local Currency' indicator is invalid

SAP Error Message - Details

• Message type: E = Error

• Message class: G0 - Messages for SAP Consolidation

• Message number: 681

• Message text: 'Goodwill Entry Carried in Local Currency' indicator is invalid

What causes this issue?

Goodwill entries carried in local currency exist in dimension &V1&.
However, according to the C/I utilization settings this is not
supported for dimension &V1&. Customizing settings were possibly changed
after goodwill entries had been entered in local currency. These
goodwill entries are displayed in the list with their group currency
values.

System Response

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

How to fix this error?

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 G0681 - 'Goodwill Entry Carried in Local Currency' indicator is invalid ?

  The SAP error message G0681, which states that the "Goodwill Entry Carried in Local Currency" indicator is invalid, typically arises in the context of financial accounting and asset management within SAP. This error is often encountered when dealing with goodwill accounting entries, particularly in the context of mergers and acquisitions or when dealing with intangible assets.
  Cause:
  The error message G0681 can occur due to several reasons:
  
  
  Configuration Issues: The indicator for carrying goodwill in local currency may not be properly configured in the system. This could be due to incorrect settings in the asset accounting configuration.
  
  
  Master Data Issues: The asset master data may not have the correct settings for the goodwill entry, leading to inconsistencies.
  
  
  Currency Settings: There may be issues with the currency settings in the company code or the asset class that is being used for the goodwill entry.
  
  
  Transaction Type: The transaction type used for posting the goodwill may not be set up correctly to allow for local currency entries.
  
  
  Solution:
  To resolve the G0681 error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for Asset Accounting (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Configuration > Define Asset Classes.
  Ensure that the "Goodwill Entry Carried in Local Currency" indicator is correctly set for the relevant asset class.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for the goodwill asset. Ensure that the settings for local currency are correctly defined.
  Use Transaction Code: AS03 to display the asset and verify the settings.
  
  
  
  Verify Currency Settings:
  
  Check the company code settings to ensure that the local currency is correctly defined.
  Use Transaction Code: OBA7 to review the currency settings for the company code.
  
  
  
  Check Transaction Type:
  
  Ensure that the transaction type used for posting the goodwill is configured to allow local currency entries.
  You can check this in the configuration settings for Asset Accounting.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the G0681 error for any specific guidance or updates that may apply to your version of SAP.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test posting to see if the error persists.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset entries.
  User Roles: Ensure that the user has the necessary authorizations to perform the actions related to asset accounting.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Accounting for further assistance.