How To Fix GZ481 - Book value of voting common stock is greater than voting equity

GZ481 - Overview

• Message type: E = Error

• Message class: GZ - Message class for FI-LC

• Message number: 481

• Message text: Book value of voting common stock is greater than voting equity

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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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GZ481 - Details

• The SAP error message GZ481 indicates that the book value of voting common stock exceeds the total voting equity. This typically occurs in financial reporting and accounting processes within SAP, particularly when dealing with equity accounts.
  
  Cause:
  
  Data Entry Errors: Incorrect data entry in the financial statements or during the posting of transactions can lead to discrepancies in the values of voting common stock and voting equity.
  Incorrect Configuration: The configuration of the equity accounts in the SAP system may not be set up correctly, leading to miscalculations.
  Timing Issues: If transactions are posted in the wrong period or if there are timing differences in the recognition of equity, it can cause this error.
  Mismatched Values: The values for voting common stock and voting equity may not be aligned due to adjustments, revaluations, or other accounting entries that have not been properly accounted for.
  
  
  Solution:
  
  Review Data Entries: Check the entries related to voting common stock and