How To Fix GK675 - Equity method not selected in C/I System Utilization

SAP Error Message - Details

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 675

• Message text: Equity method not selected in C/I System Utilization

What causes this issue?

In System Utilization for
<DS:GLOS.consolidation_of_investments>Consolidation of Investments</>
you have not selected the <DS:GLOS.equity_method>equity method</> as
the accounting technique.

System Response

Processing terminated

How to fix this error?

Choose the accounting technique 'Equity method' in System Utilization
for Consolidation of Investments.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK675 - Equity method not selected in C/I System Utilization ?

  The SAP error message GK675, which states "Equity method not selected in C/I System Utilization," typically occurs in the context of financial accounting and consolidation processes within SAP. This error is related to the configuration of the consolidation system, particularly when dealing with equity method accounting for investments in subsidiaries or associated companies.
  Cause:
  The error arises when the system is trying to perform a consolidation process, but the equity method has not been properly configured or selected in the Consolidation/Investment (C/I) system settings. This can happen due to:
  
  Missing Configuration: The equity method may not be activated or selected in the system settings for the specific company code or group.
  Incorrect Settings: The settings for the consolidation method may not align with the requirements for equity accounting.
  Data Entry Issues: There may be issues with the data entered for the investment or the associated company that prevent the equity method from being applied.
  
  Solution:
  To resolve the GK675 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to the section for Financial Accounting (FI) or Consolidation.
  Ensure that the equity method is properly configured for the relevant company code or group. This includes checking the settings for the consolidation method.
  
  
  
  Select Equity Method:
  
  In the C/I system settings, ensure that the equity method is selected for the relevant entities. This may involve adjusting the settings for the investment or the associated company.
  
  
  
  Review Investment Data:
  
  Check the master data for the investment to ensure that all necessary fields are filled out correctly and that the equity method is applicable.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to the specific version of SAP you are using for any additional configuration steps or requirements.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test run of the consolidation process to ensure that the error has been resolved.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial accounting and consolidation.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuring the equity method.
  Training and Documentation: Review training materials or documentation related to SAP Financial Consolidation and the equity method to ensure compliance with best practices.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the cause of the GK675 error in your SAP system.