How To Fix G06193 - Offsetting item for Other Comprehensive Income is not defined for &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 193

• Message text: Offsetting item for Other Comprehensive Income is not defined for &1

What causes this issue?

In Customizing for Other Comprehensive Income (transaction CXH5), you
have defined the item &V1& as an item for Other Comprehensive Income.
However, you have not determined an offsetting item for item &V1& (that
is, an item used for the offsetting entry for posting other
comprehensive income with an effect on net income).

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?

In Customizing for consolidation of investments under <LS>Other
Comprehensive Income, Offsetting Items</> (transaction CXH6), assign
more items for offsetting entries to the item &V1& for Other
Comprehensive Income.
The offsetting items for posting Other Comprehensive Income with an
effect on income in total divestitures can be located either in the
balance sheet or the income statement. The offsetting items assigned to
the various Other Comprehensive Income items do not need to be
different. You can also use the same offsetting item for debit and
credit postings.

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 G06193 - Offsetting item for Other Comprehensive Income is not defined for &1 ?

  The SAP error message G06193 indicates that there is an issue with the configuration of offsetting items for Other Comprehensive Income (OCI) in the system. This error typically arises when the system cannot find a defined offsetting item for a specific OCI account during the posting of a transaction.
  Cause:
  
  Missing Configuration: The most common cause of this error is that the offsetting item for the specified OCI account has not been defined in the system. This can happen if the account was newly created or if there were changes in the configuration that were not properly updated.
  Incorrect Account Assignment: The account being used in the transaction may not be correctly assigned to the appropriate category for OCI.
  Transaction Type Issues: The type of transaction being processed may not be compatible with the defined OCI accounts.
  
  Solution:
  
  
  Define Offsetting Item:
  
  Go to the configuration settings in SAP (usually through SPRO).
  Navigate to the section for Financial Accounting (FI) and then to the settings for Other Comprehensive Income.
  Define the necessary offsetting items for the OCI accounts that are causing the error.
  Ensure that the account specified in the error message (&1) has a corresponding offsetting item defined.
  
  
  
  Check Account Assignment:
  
  Verify that the account being used in the transaction is correctly assigned to the appropriate category for OCI.
  Ensure that the account is set up correctly in the chart of accounts and that it is marked for OCI if applicable.
  
  
  
  Review Transaction Types:
  
  Check the transaction type being used to ensure it is compatible with the OCI accounts.
  If necessary, adjust the transaction type settings to align with the defined OCI accounts.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBY6 (for defining account types) or OBA7 (for defining offsetting accounts) to access the relevant configuration settings.
  Documentation: Refer to SAP documentation or help files for detailed steps on configuring OCI accounts and offsetting items.
  Support: If the issue persists after checking the configuration, consider reaching out to SAP support or consulting with a financial consultant who specializes in SAP FI module.
  
  By following these steps, you should be able to resolve the G06193 error and ensure that your OCI accounts are properly configured for transactions.