How To Fix G06008 - Goodwill in reported push-down data contains a reversed dr/cr sign

SAP Error Message - Details

• Message type: E = Error

• Message class: G06 - SAP Cons - Error Message re. Consolidation of Investments

• Message number: 008

• Message text: Goodwill in reported push-down data contains a reversed dr/cr sign

What causes this issue?

Activity &V1& creates for consolidation unit &V3& a goodwill entry with
a dr/cr sign that does not agree with the sign in the reported
push-down data of investee &V2& with regards to consolidation unit &V3&
. In other words, reported push-down goodwill can lead to negative
goodwill, or vice versa.

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?

Check the reported push-down data and the reported annual net income of
investee unit &V2&.

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 G06008 - Goodwill in reported push-down data contains a reversed dr/cr sign ?

  The SAP error message G06008 indicates that there is an issue with the goodwill in the reported push-down data, specifically that it contains a reversed debit/credit sign. This typically occurs during the consolidation process or when dealing with financial data that involves goodwill adjustments.
  Cause:
  
  Data Entry Errors: Incorrect data entry during the posting of goodwill amounts can lead to reversed signs.
  Configuration Issues: Incorrect configuration in the system related to the handling of goodwill or push-down accounting.
  Data Migration Issues: If data was migrated from another system, there may have been issues with how the data was transformed or loaded into SAP.
  Accounting Treatment: Misunderstanding of the accounting treatment for goodwill, leading to incorrect postings.
  
  Solution:
  
  Review the Data: Check the entries related to goodwill in the financial documents. Ensure that the debit and credit signs are correct.
  Adjust Entries: If you find any entries with reversed signs, correct them by making the necessary adjusting entries.
  Configuration Check: Review the configuration settings in SAP related to goodwill and push-down accounting. Ensure that they are set up correctly according to your organization's accounting policies.
  Consult Documentation: Refer to SAP documentation or help resources for guidance on handling goodwill and push-down accounting.
  Run Consistency Checks: Use SAP tools to run consistency checks on your financial data to identify any discrepancies.
  Engage with SAP Support: If the issue persists, consider reaching out to SAP support for assistance, especially if it involves complex configurations or data issues.
  
  Related Information:
  
  Push-Down Accounting: This is an accounting method used in business combinations where the acquiring company recognizes the fair value of the acquired company's assets and liabilities, including goodwill.
  Goodwill: Goodwill is an intangible asset that arises when a buyer acquires an existing business. It represents the excess of the purchase price over the fair value of the identifiable net assets acquired.
  SAP Modules: This error may be encountered in modules such as SAP Financial Accounting (FI) or SAP Controlling (CO), where financial data is consolidated and reported.
  
  By addressing the root cause of the error and ensuring that all financial data is accurately recorded and configured, you can resolve the G06008 error and maintain the integrity of your financial reporting.