How To Fix GPSC145 - Total Equity Share for PSC &1, Eq.Group &2 for all partners is not 100%

SAP Error Message - Details

• Message type: E = Error

• Message class: GPSC - PSC Application

• Message number: 145

• Message text: Total Equity Share for PSC &1, Eq.Group &2 for all partners is not 100%

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GPSC145 - Total Equity Share for PSC &1, Eq.Group &2 for all partners is not 100% ?

  The SAP error message GPSC145 indicates that the total equity share for a Production Sharing Contract (PSC) is not equal to 100% for all partners involved. This error typically arises in the context of managing joint ventures or partnerships in the oil and gas industry, where equity shares must sum to 100% for proper financial and operational reporting.
  Cause:
  
  Incorrect Equity Share Entries: The equity shares for the partners involved in the PSC may have been entered incorrectly, leading to a total that does not equal 100%.
  Missing Partner Information: One or more partners may not have their equity share defined in the system.
  Changes in Partner Structure: If there have been recent changes in the partnership structure (e.g., new partners added, existing partners removed), the equity shares may not have been updated accordingly.
  Data Entry Errors: Manual data entry errors can lead to incorrect equity share calculations.
  
  Solution:
  
  Review Equity Share Data: Check the equity share entries for all partners involved in the PSC. Ensure that the sum of all equity shares equals 100%.
  Update Partner Information: If any partners are missing or if their equity shares are incorrect, update the information in the system.
  Recalculate Equity Shares: If there have been changes in the partnership structure, recalculate the equity shares to ensure they sum to 100%.
  Consult Documentation: Refer to the relevant SAP documentation or user manuals for guidance on how to enter or modify equity shares correctly.
  System Configuration: If the issue persists, it may be necessary to check the system configuration or consult with an SAP administrator to ensure that the system is set up correctly for managing PSCs.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to managing PSCs and equity shares, such as those for entering or modifying partner data.
  User Roles: Ensure that the user has the appropriate permissions to make changes to equity share data.
  Audit Trail: Check the audit trail or change logs to identify any recent changes that may have led to the error.
  SAP Notes: Look for any SAP Notes or patches that may address known issues related to this error message.
  
  By following these steps, you should be able to identify the cause of the GPSC145 error and implement the necessary corrections to resolve it.