How To Fix GPSC247 - Total Equity Group % for Company & PSC & Equity Group & greater than 100

GPSC247 - Overview

• Message type: E = Error

• Message class: GPSC - PSC Application

• Message number: 247

• Message text: Total Equity Group % for Company & PSC & Equity Group & greater than 100

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GPSC247 - Total Equity Group % for Company & PSC & Equity Group & greater than 100 ?

  The SAP error message GPSC247 indicates that the total equity group percentage for a specific company, PSC (Production Sharing Contract), and equity group exceeds 100%. This error typically arises in the context of managing equity distributions in joint ventures or partnerships, where the total ownership percentages must logically sum to 100% or less.
  
  Cause:
  
  Data Entry Error: The most common cause is incorrect data entry where the equity percentages for the various partners or stakeholders have been input incorrectly, leading to a total that exceeds 100%.
  
  Configuration Issues: There may be issues in the configuration of the equity groups or the way percentages are calculated within the system.
  Changes in Ownership: If there have been recent changes in ownership stakes that have not been updated in the system, this could lead to discrepancies.
  Multiple Entries: Sometimes, multiple entries for the same equity group can lead to inflated totals.
  
  
  Solution:
  
  Review Equity Percentages: Check the equity percentages assigned