How To Fix G06042 - Using new logic for method change and statistical annual net income

G06042 - Overview

• Message type: E = Error

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

• Message number: 042

• Message text: Using new logic for method change and statistical annual net income

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message G06042 - Using new logic for method change and statistical annual net income ?

  The SAP error message G06042 typically relates to issues in the financial accounting module, particularly when dealing with the calculation of annual net income and changes in methods for financial reporting. This error can arise due to inconsistencies in the configuration or data related to the financial statements, especially when transitioning from one accounting method to another.
  
  Cause:
  
  Method Change: The error often occurs when there is a change in the accounting method (e.g., from cash to accrual accounting) that has not been properly configured or executed in the system.
  Statistical Data Issues: There may be inconsistencies or missing data in the statistical records that are required for the calculation of annual net income.
  Configuration Errors: Incorrect settings in the financial accounting configuration can lead to this error, particularly in the areas of financial statement versions or account determination.
  Data Migration Issues: If data has been migrated from another system or version, there may be