How To Fix G00431 - No minority interest item is assigned to Currency Transl. Goodwill item

SAP Error Message - Details

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 431

• Message text: No minority interest item is assigned to Currency Transl. Goodwill item

What causes this issue?

You have activated the use of goodwill in local currency in the system
settings for the utilization of C/I. In this case, a minority interest
item must be assigned to the "Currency Translation Goodwill" item.
However, no minority interest item is assigned to item &V1& in
Customizing.

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?

Assign a minority interest item to item &V1& in the Customizing of 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 G00431 - No minority interest item is assigned to Currency Transl. Goodwill item ?

  The SAP error message G00431, which states "No minority interest item is assigned to Currency Transl. Goodwill item," typically occurs in the context of financial consolidation and currency translation processes within SAP. This error indicates that there is a missing assignment of a minority interest item to the goodwill item during the currency translation process.
  Cause:
  
  Missing Assignment: The primary cause of this error is that the system cannot find a corresponding minority interest item that is linked to the goodwill item in the currency translation settings.
  Configuration Issues: There may be issues in the configuration of the consolidation settings, particularly in the assignment of minority interests and goodwill items.
  Data Inconsistencies: There could be inconsistencies or missing data in the master data or transaction data related to minority interests and goodwill.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for currency translation in your SAP system.
  Ensure that the minority interest items are correctly assigned to the corresponding goodwill items.
  Verify that the settings for currency translation are correctly defined in the consolidation configuration.
  
  
  
  Assign Minority Interest:
  
  If you identify that a minority interest item is not assigned, you will need to create or modify the assignment in the relevant configuration area.
  This can typically be done in the SAP transaction codes related to consolidation (e.g., transaction code OBY6 for defining currency translation).
  
  
  
  Review Master Data:
  
  Check the master data for the entities involved to ensure that all necessary items, including minority interests and goodwill, are properly defined and linked.
  Ensure that the relevant financial statements and reports are correctly set up to include these items.
  
  
  
  Run Consistency Checks:
  
  Use SAP tools to run consistency checks on your data to identify any discrepancies that may be causing the error.
  This can help in pinpointing any missing or incorrectly configured items.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling this error in your version of SAP.
  You may also find relevant notes in the SAP Support Portal that address this specific error.
  
  
  
  Related Information:
  
  SAP Notes: Check for any SAP Notes related to error G00431 in the SAP Support Portal, as they may provide additional insights or patches.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OBY1, or CNS0 for managing currency translation and consolidation settings.
  User Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to resolve the G00431 error and ensure that your currency translation process functions correctly.