How To Fix G00373 - No begin date for amortization/reduction of goodwill in method &1

SAP Error Message - Details

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 373

• Message text: No begin date for amortization/reduction of goodwill in method &1

What causes this issue?

Method &V1& is inconsistently defined in regards to the treatment of
(negative) <DS:GLOS.3526B7A1AFAB52B9E10000009B38F974>goodwill</>. This
might be caused by one of the following:

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

The amortization of (negative) goodwill was selected, but there is no
entry for the begin of the amortization.
The periodic reduction of (negative) goodwill was selected, but there
is no entry for the begin of this process.

System Response

Error message

How to fix this error?

Check the entries for the beginning of the amortization and periodic
reduction of the (negative) goodwill. Depending on your system
utilization, these settings must be made in either the definition of
the C/I method itself, or in the global settings for C/I (Customizing).
Particularly, also look at the goodwill-related entries in the C/I
system utilization (in C/I Customizing).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G00373 - No begin date for amortization/reduction of goodwill in method &1 ?

  The SAP error message G00373 indicates that there is no begin date specified for the amortization or reduction of goodwill in the specified method. This error typically arises in the context of asset accounting, particularly when dealing with goodwill that needs to be amortized over time.
  Cause:
  
  Missing Begin Date: The primary cause of this error is that the begin date for the amortization method has not been defined in the asset master record.
  Incorrect Configuration: The configuration for the amortization method may not be set up correctly in the system.
  Data Entry Error: There may have been an oversight during the data entry process, leading to the omission of the begin date.
  
  Solution:
  
  
  Check Asset Master Record:
  
  Navigate to the asset master record (transaction code AS02).
  Verify that the amortization method assigned to the asset has a valid begin date.
  If the begin date is missing, enter the appropriate date.
  
  
  
  Review Amortization Method Configuration:
  
  Go to the configuration settings for the amortization method (transaction code OAYZ).
  Ensure that the method is correctly configured and that all required fields, including the begin date, are properly set.
  
  
  
  Adjust Asset Transactions:
  
  If the asset has already been posted, you may need to reverse or adjust the transactions to correct the begin date issue.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to asset accounting and amortization methods for additional guidance.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS02: Change Asset Master Record
  OAYZ: Define Amortization Methods
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that you have the necessary permissions to make changes to asset master records and configuration settings.
  
  By following these steps, you should be able to resolve the G00373 error and ensure that the amortization of goodwill is correctly set up in your SAP system.