How To Fix GCS008 - Retained earnings + appropriation of ret. earnings not equal to zero

GCS008 - Overview

• Message type: E = Error

• Message class: GCS - SAP Consolidation: Validations

• Message number: 008

• Message text: Retained earnings + appropriation of ret. earnings not equal to zero

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message GCS008 - Retained earnings + appropriation of ret. earnings not equal to zero ?

  The SAP error message GCS008 indicates that there is a discrepancy in the retained earnings and the appropriation of retained earnings in the financial statements. This error typically arises during the year-end closing process when the system checks the balances of retained earnings accounts.
  
  Cause:
  
  Unbalanced Entries: The retained earnings account may have unbalanced entries, meaning that the total debits do not equal the total credits.
  Incorrect Appropriation: There may be an incorrect appropriation of retained earnings, where the amounts allocated do not sum up to the total retained earnings.
  Missing Closing Entries: If the closing entries for the fiscal year have not been posted correctly, it can lead to discrepancies.
  Manual Adjustments: Manual adjustments made to the retained earnings account without corresponding entries can also cause this error.
  
  Configuration Issues: Incorrect configuration in the financial settings or account determination can lead to this issue.
  
  
  Solution:
  
  Check Account Balances: Review the balances of the retained earnings and appropriation