How To Fix G6063 - Working interest variance greater than allowable threshold.

SAP Error Message - Details

• Message type: E = Error

• Message class: G6 - EDI messages in JV

• Message number: 063

• Message text: Working interest variance greater than allowable threshold.

What causes this issue?

The owner share transmitted on the PSA segment does not equal the owner
share as recorded in the equity group. A threshold amount has been
applied.

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?

A) Maintain equity group`s share.
Reprocess the IDOC.
OR
B) Maintain the working interest threshold amount on the company
configuration table (EDI parameters).
Reprocess the IDOC.
OR
C) The transmission needs to be re-transmitted.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G6063 - Working interest variance greater than allowable threshold. ?

  The SAP error message G6063, "Working interest variance greater than allowable threshold," typically occurs in the context of SAP's Oil and Gas (O&G) module, particularly when dealing with joint venture accounting or working interest calculations. This error indicates that the variance in working interest calculations exceeds a predefined threshold, which can lead to discrepancies in financial reporting and joint venture settlements.
  Cause:
  
  Data Entry Errors: Incorrect data entry for working interests, such as percentages or amounts, can lead to significant variances.
  Configuration Issues: The allowable threshold for variances may be set too low in the system configuration, leading to frequent errors.
  Changes in Ownership: Changes in ownership percentages or working interests that have not been properly updated in the system can cause variances.
  Timing Issues: Differences in timing for when costs or revenues are recognized can lead to variances that exceed the threshold.
  Calculation Errors: Errors in the underlying calculations or formulas used to determine working interests can also lead to this issue.
  
  Solution:
  
  Review Data Entries: Check the working interest percentages and related data entries for accuracy. Ensure that all entries are correct and reflect the current agreements.
  Adjust Threshold Settings: If the threshold is set too low, consider adjusting it in the system configuration to allow for reasonable variances.
  Update Ownership Changes: Ensure that any changes in ownership or working interests are accurately reflected in the system.
  Reconcile Accounts: Perform a reconciliation of accounts to identify discrepancies and correct them. This may involve reviewing transactions and ensuring they are posted correctly.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance on handling this error in your version of SAP.
  Run Reports: Utilize SAP reporting tools to analyze working interest calculations and identify the source of the variance.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Manuals: Refer to user manuals or training materials specific to the SAP O&G module for best practices in managing working interests.
  Support Forums: Engage with SAP community forums or support channels for insights from other users who may have encountered similar issues.
  Testing: After making adjustments, conduct thorough testing to ensure that the changes resolve the error without introducing new issues.
  
  By following these steps, you should be able to identify the cause of the G6063 error and implement a solution to resolve it.