How To Fix G06060 - *------- Goodwill in Local Curr. 060 - 120 ------------------------------

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 060

• Message text: *------- Goodwill in Local Curr. 060 - 120 ------------------------------

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message G06060 - *------- Goodwill in Local Curr. 060 - 120 ------------------------------ ?

  The SAP error message G06060 typically relates to issues with goodwill accounting in the context of local currency transactions. This error can occur during various financial processes, such as posting transactions or running reports that involve goodwill calculations.
  Cause:
  The error message G06060 indicates that there is a discrepancy or issue with the goodwill amount in local currency. This can happen due to several reasons, including:
  
  Incorrect Configuration: The configuration settings for goodwill accounting may not be set up correctly in the system.
  Currency Translation Issues: There may be problems with currency translation, especially if the local currency is not properly defined or if there are inconsistencies in currency rates.
  Missing or Incorrect Data: Required data for calculating goodwill may be missing or incorrectly entered in the system.
  Posting Errors: Errors during posting transactions that involve goodwill can lead to this message.
  
  Solution:
  To resolve the G06060 error, you can take the following steps:
  
  Check Configuration: Review the configuration settings for goodwill accounting in your SAP system. Ensure that all necessary parameters are correctly set up.
  Review Currency Settings: Verify that the local currency is correctly defined in the system and that currency translation rates are accurate and up to date.
  Data Validation: Check the data related to goodwill transactions. Ensure that all required fields are filled out correctly and that there are no missing entries.
  Analyze Posting Documents: Look into the specific posting documents that triggered the error. Identify any discrepancies or issues in the entries.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling goodwill accounting and related error messages.
  Contact Support: If the issue persists, 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 that may help in troubleshooting, such as FB03 (Display Document), FBL1N (Vendor Line Item Display), or FBL3N (G/L Account Line Item Display).
  SAP Notes: Check for any SAP Notes related to error G06060 in the SAP Support Portal, as there may be specific patches or updates that address this issue.
  Training and Documentation: Ensure that users involved in financial postings are adequately trained in SAP processes related to goodwill and local currency transactions.
  
  By following these steps, you should be able to identify and resolve the underlying issues causing the G06060 error in your SAP system.