How To Fix GK864 - Posting level & only intended for elimination of investment income

SAP Error Message - Details

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 864

• Message text: Posting level & only intended for elimination of investment income

What causes this issue?

<DS:GLOS.posting_level>Posting level</> &V1& for document type &V2& can
only be used with the consolidation of investment income.

System Response

Error message

How to fix this error?

Choose either business application '3', or a different posting level.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK864 - Posting level & only intended for elimination of investment income ?

  The SAP error message GK864 typically relates to issues in the context of investment income elimination in the consolidation process. This error indicates that the posting level is not appropriate for the elimination of investment income, which is a common requirement in financial consolidation scenarios.
  Cause:
  The error message GK864 can occur due to several reasons:
  
  Incorrect Posting Level: The posting level set in the consolidation settings may not be appropriate for the elimination of investment income. This can happen if the posting level is set to a level that does not allow for the elimination of intercompany transactions.
  Configuration Issues: There may be configuration issues in the consolidation settings, such as incorrect settings for the elimination of investment income or intercompany transactions.
  Data Issues: There may be issues with the data being posted, such as missing or incorrect entries that do not align with the expected posting level for eliminations.
  
  Solution:
  To resolve the GK864 error, you can take the following steps:
  
  
  Check Posting Level Configuration:
  
  Review the posting level settings in the consolidation configuration. Ensure that the posting level is set correctly to allow for the elimination of investment income.
  The posting level should typically be set to a level that includes both the parent and subsidiary companies involved in the investment income.
  
  
  
  Review Elimination Settings:
  
  Check the settings for the elimination of investment income in the consolidation configuration. Ensure that the rules for elimination are correctly defined and that they align with the posting level.
  
  
  
  Validate Data:
  
  Ensure that the data being posted for investment income is complete and accurate. Check for any missing or incorrect entries that could be causing the error.
  Validate that the intercompany transactions are correctly recorded and that the relevant accounts are set up for elimination.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the GK864 error and related configuration settings. This can provide insights into best practices and common pitfalls.
  
  
  
  Testing:
  
  After making changes, perform a test run of the consolidation process to ensure that the error is resolved and that the elimination of investment income is functioning as expected.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address the GK864 error or provide additional guidance on configuration settings.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  Consult with SAP Support: If the issue persists, consider reaching out to SAP Support for assistance, especially if it involves complex configurations or customizations.
  
  By following these steps, you should be able to identify the cause of the GK864 error and implement a solution to resolve it.