How To Fix GZ482 - Book value of non-voting common stock is greater than non-voting equity

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 482

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

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GZ482 - Book value of non-voting common stock is greater than non-voting equity ?

  The SAP error message GZ482 indicates that there is a discrepancy between the book value of non-voting common stock and the non-voting equity. This error typically arises in the context of financial accounting and reporting within SAP, particularly when dealing with equity accounts.
  Cause:
  
  Data Entry Errors: Incorrect entries in the financial records can lead to discrepancies between the book value of non-voting common stock and the reported non-voting equity.
  Configuration Issues: Incorrect configuration of the equity accounts in the SAP system can lead to mismatches.
  Valuation Methods: Different valuation methods applied to non-voting common stock and non-voting equity can result in inconsistencies.
  Updates or Changes: Recent changes in accounting policies or updates to the system that have not been properly reflected in the financial records.
  
  Solution:
  
  Review Entries: Check the entries for non-voting common stock and non-voting equity to ensure they are accurate and consistent.
  Reconcile Accounts: Perform a reconciliation of the accounts involved to identify any discrepancies and correct them.
  Configuration Check: Verify the configuration settings for equity accounts in SAP to ensure they are set up correctly.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error.
  Adjust Valuation Methods: If applicable, ensure that the same valuation methods are used for both non-voting common stock and non-voting equity.
  Seek Expert Help: If the issue persists, consider consulting with an SAP financial consultant or your internal finance team for further analysis and resolution.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., FB50 for general ledger postings) that may help in reviewing and correcting entries.
  Financial Reporting Standards: Ensure compliance with relevant financial reporting standards that may affect how non-voting equity is reported.
  User Forums: Engage with SAP user forums or communities for shared experiences and solutions from other users who may have encountered the same error.
  
  By following these steps, you should be able to identify the root cause of the GZ482 error and implement a solution to resolve it.