How To Fix G00371 - Equity item &1 must also be an equity item in statistical stkh. equity

SAP Error Message - Details

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 371

• Message text: Equity item &1 must also be an equity item in statistical stkh. equity

What causes this issue?

If all C/I methods are defined to calculate acquisitions with direct
shares, then every triggering equity item in the maintenance of
minority interest items must also be a triggering equity item in the
maintenance of statistical stockholders' equity.

System Response

Error message

How to fix this error?

Match up the triggering equity items for minority interest items with
the triggering equity items for statistical stockholders' equity.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G00371 - Equity item &1 must also be an equity item in statistical stkh. equity ?

  The SAP error message G00371 indicates that there is a mismatch in the equity item configuration in the system. Specifically, it suggests that the equity item you are trying to process (denoted as &1) must also be defined as an equity item in the statistical stock equity. This error typically arises in the context of financial accounting and controlling, particularly when dealing with equity-related transactions.
  Cause:
  
  Configuration Issue: The equity item you are trying to use is not properly configured in the system as an equity item in the statistical stock equity.
  Data Entry Error: There may be a mistake in the data entry where the equity item is not recognized as an equity item.
  Master Data Inconsistency: The master data for the equity item may not be aligned with the requirements of the statistical stock equity.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for equity items in the SAP system.
  Ensure that the equity item in question is correctly defined as an equity item in the statistical stock equity.
  
  
  
  Review Master Data:
  
  Check the master data for the equity item to ensure it is set up correctly.
  Make sure that all relevant fields are filled out and that the item is classified correctly.
  
  
  
  Transaction Review:
  
  Review the transaction that triggered the error to ensure that all necessary fields are populated correctly.
  If applicable, check if the equity item is being used in the correct context.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on equity item configuration and statistical stock equity.
  
  
  
  Contact Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in checking or modifying equity item configurations (e.g., OX15 for defining equity items).
  SAP Notes: Look for SAP Notes related to G00371 for any patches or updates that may address this issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solutions to resolve it.