How To Fix G00753 - Equity: Other comprehensive income: Item &1 is not an income stmt. item

G00753 - Overview

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 753

• Message text: Equity: Other comprehensive income: Item &1 is not an income stmt. item

What causes this issue?

The items for posting the other retained earnings components in
inventory-managing total divestiture have to be in the income statement.
However, item &V1& is not an income statement item.

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?

Only enter income statement items for posting the other retained
earnings components in total divestiture.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

G00753 - Details

• The SAP error message G00753 indicates that there is an issue with the classification of an item in the context of equity and other comprehensive income (OCI). Specifically, the error states that the item in question is not recognized as an income statement item, which is necessary for it to be included in the other comprehensive income section.
  
  Cause:
  
  Incorrect Item Classification: The item you are trying to post or process is not classified correctly in the system. It may not be set up as an income statement item in the chart of accounts.
  Missing Configuration: The configuration for the financial statement version may not include the item as part of the income statement.
  Posting Period Issues: The posting period may not be open for the type of transaction you are trying to execute.
  Data Entry Errors: There may be a mistake in the data entry, such as using the wrong account or item code.
  
  
  Solution:
  
  
  Check