How To Fix GCS116 - Imp.of intangible assets under development is greater than gross value

GCS116 - Overview

• Message type: E = Error

• Message class: GCS - SAP Consolidation: Validations

• Message number: 116

• Message text: Imp.of intangible assets under development is greater than gross value

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GCS116 - Imp.of intangible assets under development is greater than gross value ?

  The SAP error message GCS116 indicates that the amount of intangible assets under development exceeds the gross value of the intangible assets. This typically occurs during the posting of transactions related to intangible assets, such as capitalizing costs or transferring amounts from development to finished intangible assets.
  
  Cause:
  
  Incorrect Posting: The error often arises when there is an incorrect posting of costs related to intangible assets under development. This could be due to manual entry errors or incorrect configuration in the system.
  Data Inconsistency: There may be inconsistencies in the asset master data, such as incorrect values for the gross value of the intangible assets.
  Accumulated Costs: The accumulated costs for the intangible assets under development may have been incorrectly calculated or posted, leading to a situation where they exceed the gross value.
  
  
  Solution:
  
  Review Asset Master Data: Check the asset master data for the intangible asset in question. Ensure that the gross value is correctly