How To Fix G06074 - One or more prior period key figures is not equal to zero; please correct

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 074

• Message text: One or more prior period key figures is not equal to zero; please correct

What causes this issue?

When goodwill in local currency arises in the current fiscal period, all
key figures that refer to prior periods must be equal to zero. This
applies to the following key figures - both in local currency and group
currency:
Accumulated adjustment of original cost for divestiture in prior periods
C/T difference from original cost prior year in prior periods
C/T difference from original cost current year in prior periods
Divestiture of C/T difference from original cost in prior periods
C/T difference for divestiture of original cost in prior periods
C/T difference for valuation allowance in income statement prior year in
prior periods
Valuation allowance in prior periods
C/T difference between balance sheet and income statement in prior
periods
Divestiture of valuation allowance, current year in prior periods
Divestiture of valuation allowance, prior year in prior periods
C/T difference for divestiture of valuation allowance in prior periods
In the current goodwill entry, at least one of these key figures does
not equal zero.

System Response

The system automatically sets these key figures to zero.

How to fix this error?

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

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 G06074 - One or more prior period key figures is not equal to zero; please correct ?

  The SAP error message G06074 indicates that there are one or more key figures from a prior period that are not equal to zero, which is causing an issue in your current transaction or report. This error typically arises in the context of financial reporting or planning, where certain key figures must be zeroed out before proceeding with adjustments or postings.
  Cause:
  
  Uncleared Transactions: There may be transactions from a previous period that have not been cleared or adjusted.
  Incorrect Data Entry: Data may have been incorrectly entered or not properly reversed in prior periods.
  Open Periods: The system may still have open periods that allow for postings, which can lead to discrepancies in key figures.
  Configuration Issues: There may be configuration settings in the system that are not aligned with the business process, leading to this error.
  
  Solution:
  
  Review Prior Period Data: Check the key figures for the prior period to identify which ones are not zero. This can be done through reports or transaction codes that allow you to view historical data.
  Clear Transactions: If there are transactions that should have been cleared, take the necessary steps to clear them. This may involve reversing entries or making adjustments.
  Adjust Data: If there are incorrect entries, make the necessary corrections to ensure that the key figures reflect the correct values.
  Close Open Periods: If applicable, consider closing the open periods to prevent further postings that could affect the key figures.
  Consult Documentation: Review any relevant documentation or guidelines related to the specific process you are working on to ensure compliance with business rules.
  Seek Help from SAP Support: If the issue persists and you cannot identify the cause, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes that can help you analyze and correct the data, such as FB03 (Display Document), FBL1N (Vendor Line Item Display), or FBL3N (G/L Account Line Item Display).
  Reports: Use standard SAP reports to analyze financial data and identify discrepancies.
  User Roles: Ensure that you have the appropriate permissions to make changes to prior period data, as this may be restricted based on user roles.
  Documentation: Check SAP Notes and Knowledge Base Articles for any specific guidance related to this error message.
  
  By following these steps, you should be able to identify the cause of the error and take corrective action to resolve it.