How To Fix G06076 - Goodwill entry contains wrong local currency key for the investee unit

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 076

• Message text: Goodwill entry contains wrong local currency key for the investee unit

What causes this issue?

Local currency key &V2& is specified for investee unit &V1& in the
current goodwill entry, which is carried in local currency. However,
this key does not match the local currency &V3& defined in the master
data of the present consolidation unit.

System Response

The goodwill entry is inconsistent and cannot be posted.

How to fix this error?

Reconcile the local currency key in the goodwill entry with the master
data of the investee unit.

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 G06076 - Goodwill entry contains wrong local currency key for the investee unit ?

  The SAP error message G06076 indicates that there is an issue with the local currency key for a goodwill entry related to an investee unit. This error typically arises in the context of financial accounting and consolidation processes, particularly when dealing with goodwill from investments in subsidiaries or associates.
  Cause:
  
  Incorrect Currency Configuration: The local currency key for the investee unit may not be correctly set up in the system. This can happen if the currency settings for the investee unit do not match the expected currency for the goodwill entry.
  Data Entry Errors: There may be manual data entry errors where the wrong currency key is assigned to the goodwill entry.
  Master Data Issues: The master data for the investee unit may not be properly maintained, leading to inconsistencies in currency settings.
  Inconsistent Currency Types: The currency type used in the goodwill entry may not align with the currency type defined for the investee unit.
  
  Solution:
  
  Check Investee Unit Configuration: Verify the currency settings for the investee unit in the master data. Ensure that the local currency key is correctly defined.
  
  Navigate to the relevant configuration in SAP (e.g., transaction code OX15 for company code settings).
  
  
  Review Goodwill Entry: Check the specific goodwill entry that is causing the error. Ensure that the local currency key used matches the currency key defined for the investee unit.
  Correct Data Entry: If the error is due to manual data entry, correct the local currency key in the goodwill entry to match the investee unit's configuration.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling goodwill entries and currency settings.
  Run Consistency Checks: Use SAP tools to run consistency checks on the financial data to identify and rectify any discrepancies.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB08: Maintain exchange rates.
  OBA3: Maintain document types.
  OBD2: Define currencies for company codes.
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles: Ensure that users have the appropriate roles and permissions to make changes to currency settings and goodwill entries.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a financial consultant with expertise in SAP financial accounting.