How To Fix G01553 - Two-sided elim.: Item/item set &1 not specified (please enter)

SAP Error Message - Details

• Message type: E = Error

• Message class: G01 - SAP Consolidation

• Message number: 553

• Message text: Two-sided elim.: Item/item set &1 not specified (please enter)

What causes this issue?

Method &V2& is defined for two-sided interunit eliminations. It
therefore needs items to be eliminated in both set 1 and set 2. Entry
&V3& of cons chart &V4& does not have any items to be eliminated in set
&V1&.

System Response

The method definition cannot be saved

How to fix this error?

Specify the items to be eliminated in set &V1& for the method entry.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G01553 - Two-sided elim.: Item/item set &1 not specified (please enter) ?

  The SAP error message G01553, which states "Two-sided elim.: Item/item set &1 not specified (please enter)," typically occurs in the context of financial consolidation or intercompany elimination processes. This error indicates that a required item or item set for two-sided elimination has not been specified in the system.
  Cause:
  
  Missing Configuration: The item or item set required for the two-sided elimination process has not been defined in the system.
  Incorrect Settings: The settings for the elimination process may not be correctly configured, leading to the system not recognizing the necessary items.
  Data Entry Error: There may be a data entry error where the item or item set was not entered or was entered incorrectly.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the relevant configuration settings in SAP for financial consolidation or intercompany elimination.
  Ensure that the item or item set required for the two-sided elimination is defined and correctly configured.
  
  
  
  Define Item/Item Set:
  
  If the item or item set is missing, you will need to create it. This can typically be done in the configuration area of the financial module.
  Go to the relevant transaction (e.g., OBXK for defining items) and create or modify the necessary item or item set.
  
  
  
  Review Elimination Settings:
  
  Check the settings for the elimination process to ensure that all required parameters are correctly set up.
  Make sure that the elimination rules are properly defined and that they include the necessary items.
  
  
  
  Data Entry Verification:
  
  Review the data entry for the transaction that triggered the error. Ensure that all required fields are filled out correctly.
  If applicable, check for any missing entries in the intercompany transactions that may be causing the issue.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring two-sided eliminations and handling related errors.
  
  
  
  Seek Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBXK (for defining items) and others related to financial consolidation.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Manuals: Review user manuals or guides specific to your version of SAP for detailed instructions on configuring financial consolidation and elimination processes.
  
  By following these steps, you should be able to resolve the G01553 error and ensure that your two-sided elimination process functions correctly.