How To Fix G00428 - Universal stat. postings must be activated to use goodwill in local crcy

SAP Error Message - Details

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 428

• Message text: Universal stat. postings must be activated to use goodwill in local crcy

What causes this issue?

You have set the indicator for local currency in goodwill in the system
settings for the utilization of C/I. This requires that universal
statistical postings were activated and the necessary migration steps
(statistical posting of C/I and goodwill entries) were performed in the
current dimension. However, this prerequisite is not fulfilled at
present.

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?

Undo the use of local currency in goodwill. In the Customizing of the
dimension, activate universal statistical postings. When you save, the
system informs you which migration steps are required to activate
universal statistical postings.

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 G00428 - Universal stat. postings must be activated to use goodwill in local crcy ?

  The SAP error message G00428, which states "Universal stat. postings must be activated to use goodwill in local currency," typically occurs in the context of financial accounting and controlling when there is an attempt to post goodwill in local currency without the necessary configuration being in place.
  Cause:
  The error is caused by the fact that the system requires the activation of universal journal entries (also known as Universal Journal or ACDOCA) for handling certain types of postings, including goodwill. If this feature is not activated, the system will not allow postings related to goodwill in local currency.
  Solution:
  To resolve this error, you need to ensure that universal journal entries are activated in your SAP system. Here are the steps you can take:
  
  
  Check Configuration Settings:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Integration > Activate Universal Journal.
  Ensure that the universal journal is activated for your company code.
  
  
  
  Review Company Code Settings:
  
  Ensure that the company code settings are correctly configured to allow for goodwill postings.
  Check if the local currency settings are correctly defined in the company code configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the universal journal and goodwill postings to ensure that all prerequisites are met.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test posting to verify that the error no longer occurs.
  
  
  
  Consult SAP Support:
  
  If the issue persists after following the above steps, consider reaching out to SAP support for further assistance. They may provide additional insights or patches if there are known issues.
  
  
  
  Related Information:
  
  Universal Journal (ACDOCA): This is a key feature in SAP S/4HANA that integrates various components of financial accounting and controlling into a single table, allowing for real-time data processing and reporting.
  Goodwill Accounting: Goodwill is an intangible asset that arises when a company acquires another company for more than the fair value of its net identifiable assets. Proper accounting for goodwill is essential for accurate financial reporting.
  SAP Notes: Check for relevant SAP Notes that may address specific issues or provide additional configuration steps related to this error.
  
  By following these steps, you should be able to resolve the G00428 error and successfully post goodwill in local currency.