How To Fix GK662 - Global settings not maintained for Consolidation of Investments

SAP Error Message - Details

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 662

• Message text: Global settings not maintained for Consolidation of Investments

What causes this issue?

The global settings in the Consolidation of Investments have not been
maintained for the dimension &V1&.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK662 - Global settings not maintained for Consolidation of Investments ?

  The SAP error message GK662, which states "Global settings not maintained for Consolidation of Investments," typically occurs in the context of financial consolidation processes within SAP, particularly when using the SAP Financial Consolidation module or related functionalities.
  Cause:
  The error indicates that the necessary global settings for the consolidation of investments have not been configured in the system. This can happen due to:
  
  Missing Configuration: The global settings for investment consolidation have not been set up in the system.
  Incorrect Settings: The existing settings may be incomplete or incorrect, leading to the inability to process the consolidation correctly.
  Authorization Issues: The user may not have the necessary authorizations to access or modify the global settings.
  
  Solution:
  To resolve the GK662 error, you can follow these steps:
  
  
  Check Global Settings:
  
  Navigate to the relevant configuration area in SAP (usually under Financial Accounting or Consolidation settings).
  Ensure that the global settings for the consolidation of investments are properly maintained. This includes settings related to:
  
  Consolidation methods
  Investment types
  Currency settings
  Intercompany eliminations
  
  
  
  
  
  Maintain Settings:
  
  If the settings are missing, you will need to create or update them. This typically involves:
  
  Defining the consolidation group
  Specifying the investment method (e.g., equity method, cost method)
  Setting up the necessary parameters for the consolidation process.
  
  
  
  
  
  Check Authorizations:
  
  Ensure that the user has the appropriate authorizations to access and modify the global settings. If not, contact your SAP security administrator to grant the necessary permissions.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help guides specific to your version of SAP for detailed steps on maintaining global settings for investment consolidation.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test run of the consolidation process to ensure that the error is resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes: You may need to use specific transaction codes related to financial consolidation, such as:
  
  OBY6 for maintaining global settings.
  KCF1 for defining consolidation methods.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or patches related to this error.
  
  
  Support: If the issue persists after following the above steps, consider reaching out to SAP support or consulting with an SAP expert who specializes in financial consolidation.
  
  
  By ensuring that the global settings are correctly maintained, you should be able to resolve the GK662 error and proceed with your consolidation activities.