How To Fix G00374 - No begin date for amortization/reduction of goodwill in global settings

G00374 - Overview

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 374

• Message text: No begin date for amortization/reduction of goodwill in global settings

What causes this issue?

The global C/I settings are inconsistently defined with regard 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 entry for the beginning of the amortization and periodic
reduction of the (negative) goodwill 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 G00374 - No begin date for amortization/reduction of goodwill in global settings ?

  The SAP error message G00374, which states "No begin date for amortization/reduction of goodwill in global settings," typically occurs when there is a configuration issue related to the amortization of goodwill in the system. This error is often encountered in the context of financial accounting and asset management.
  
  Cause:
  The error is usually caused by one of the following reasons:
  
  
  Missing Configuration: The global settings for the amortization of goodwill have not been properly configured. Specifically, the system requires a start date for the amortization process, which may not have been set.
  
  
  Incorrect Asset Master Data: The asset master data for the goodwill asset may not have the necessary information filled in, such as the start date for amortization.
  
  
  Fiscal Year Settings: The fiscal year settings may not align with the amortization periods, leading to discrepancies.
  
  
  
  Solution:
  To resolve the G00374 error, you can follow these steps:
  
  
  Check Global Settings:
  
  Navigate to the configuration settings for asset accounting in