How To Fix GK687 - Reported equity data: Bad item set

SAP Error Message - Details

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 687

• Message text: Reported equity data: Bad item set

What causes this issue?

You specified the set &V2& as an FS item set when reporting investee
equity data for activity &V1&. This set is not an item set.

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?

For activity &V1&, enter a set of items in the field 'FS item set'.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK687 - Reported equity data: Bad item set ?

  The SAP error message GK687, which states "Reported equity data: Bad item set," typically occurs in the context of financial reporting, particularly when dealing with equity data in the General Ledger or during the preparation of financial statements. This error indicates that there is an issue with the data set being used for reporting equity, which may be due to inconsistencies or incorrect configurations.
  Causes:
  
  Incorrect Configuration: The item set used for equity reporting may not be properly configured in the system.
  Missing or Incorrect Data: There may be missing or incorrect entries in the equity accounts or related financial data.
  Data Consistency Issues: There could be inconsistencies in the data that prevent the system from correctly interpreting the equity items.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access or report on certain equity items.
  Customizations or Enhancements: If there are custom reports or enhancements in place, they may not be