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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK692 - Reported equity data: Items have no subitem breakdown ?

  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 Configuration: Review the configuration of the equity items in the system. Ensure that the necessary subitems are defined and linked to the main equity items.
  Data Entry Review: Verify that all relevant data entries for the equity items are complete and accurate. This includes checking for any missing subitem entries.
  Adjust Reporting Settings: If applicable, adjust the settings of the report to ensure it is configured to include subitem breakdowns. This may involve modifying the report layout or parameters.
  Master Data Maintenance: Ensure that the master data for the equity items is correctly maintained. This may involve updating or correcting entries in the relevant master data tables.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling equity data and subitem breakdowns.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (for fiscal year variant), FS00 (for G/L account master data), and FBL3N (for G/L account line items) to check configurations and data.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and modify equity data and related configurations.
  Testing: After making changes, perform testing to ensure that the report can be generated without errors.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial reporting within SAP.