How To Fix G00623 - Nonvoting share ownership of investor &1 in investee &2 is equal to &3

SAP Error Message - Details

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 623

• Message text: Nonvoting share ownership of investor &1 in investee &2 is equal to &3

What causes this issue?

The year-to-date value of the direct non-voting share of the investor
&V1& in the investee unit &V2& is &V3& percent. However, this value must
lie between zero and one hundred percent.

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?

Correct the additional financial data for investment.

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 G00623 - Nonvoting share ownership of investor &1 in investee &2 is equal to &3 ?

  The SAP error message G00623 indicates an issue related to the ownership structure of an investor in an investee company. Specifically, it points out that the nonvoting share ownership of the investor in the investee is equal to a certain value, which may not meet the expected criteria for processing.
  Cause:
  
  Ownership Structure: The error typically arises when the nonvoting share ownership percentage of the investor in the investee is equal to a specific threshold that is not acceptable for the transaction being processed. This could be due to regulatory requirements or internal company policies regarding ownership levels.
  Data Entry Error: There may be incorrect data entered in the system regarding the ownership percentages.
  Configuration Issues: The system configuration may not be set up to handle the specific ownership structure correctly.
  
  Solution:
  
  Review Ownership Data: Check the ownership data for the investor and investee in the SAP system. Ensure that the nonvoting share ownership percentage is correctly entered and reflects the actual ownership structure.
  Adjust Ownership Percentage: If the ownership percentage is indeed equal to the problematic value, consider adjusting it if possible, or consult with relevant stakeholders to understand if this ownership structure is valid.
  Consult Documentation: Review any relevant documentation or guidelines regarding ownership thresholds and ensure compliance with them.
  System Configuration: If the issue persists, it may be necessary to review the system configuration settings related to ownership structures. This may involve consulting with your SAP Basis or configuration team.
  Contact SAP Support: If you are unable to resolve the issue, consider reaching out to SAP support for assistance, especially if this is a recurring problem.
  
  Related Information:
  
  Ownership Thresholds: Familiarize yourself with the specific ownership thresholds that are relevant to your organization or industry, as these can vary.
  Regulatory Compliance: Ensure that your ownership structures comply with any applicable laws or regulations, as this can impact financial reporting and governance.
  SAP Documentation: Refer to SAP's official documentation or help resources for more detailed information on error messages and their resolutions.
  
  By following these steps, you should be able to identify the cause of the G00623 error and implement a suitable solution.