How To Fix G00423 - C/T key "income statement" is missing for translation of goodwill

G00423 - Overview

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 423

• Message text: C/T key "income statement" is missing for translation of goodwill

What causes this issue?

The function "goodwill in local currency" was activated in the system
settings for the utilization of C/I. However, no currency translation
key for the income statement was specifed in the global settings for
C/I for the currency translation of goodwill into local currency.

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?

Maintain the currency translation key "income statement" in the global
settings for C/I.

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 G00423 - C/T key "income statement" is missing for translation of goodwill ?

  The SAP error message G00423 indicates that there is a missing C/T (Chart of Accounts/Transaction) key for the "income statement" related to the translation of goodwill. This typically occurs in the context of financial reporting and consolidation processes, particularly when dealing with multi-currency environments or when translating financial statements from one currency to another.
  
  Cause:
  
  Missing Configuration: The error usually arises when the necessary configuration for the translation of goodwill in the income statement is not set up in the system. This could be due to missing entries in the relevant tables or settings in the SAP system.
  Incorrect Settings: The settings for the translation of goodwill may not be correctly defined in the system, leading to the inability to find the required C/T key.
  Version Issues: Sometimes, the error can be related to the version of SAP being used, where certain functionalities or configurations may not be available or properly implemented.
  
  
  Solution:
  
  
  Check Configuration: 
  
  Go