How To Fix GK692 - Reported equity data: Items have no subitem breakdown

GK692 - Overview

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 692

• Message text: Reported equity data: Items have no subitem breakdown

What causes this issue?

The items you specified in FS item set &V2& when reporting investee
equity data for activity &V1& do not have a breakdown by subitem.
However, you have specified a subitem set for item set &V2&.

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?

Please do not specify a subitem set for item set &V2&.

Error message extract from SAP system. Copyright SAP SE.

GK692 - Details

• The SAP error message GK692, which states "Reported equity data: Items have no subitem breakdown," typically occurs in the context of financial reporting, particularly when dealing with equity data in the SAP system. This error indicates that the equity items being reported do not have the necessary subitem breakdown, which is required for the report to be generated correctly.
  
  Cause:
  
  Missing Subitem Configuration: The equity items in question may not have been configured with the necessary subitems in the system.
  Data Entry Issues: There may be missing or incorrect entries in the equity accounts that prevent the system from generating the required breakdown.
  Reporting Settings: The report settings may not be configured to include subitems, or the report may be expecting a different structure than what is available in the data.
  Master Data Issues: The master data for the equity items may not be complete or correctly set up, leading to the absence of subitems.
  
  
  Solution:
  
  Check