How To Fix UCCV007 - Retained earnings in balance sheet not equal to income statement

UCCV007 - Overview

• Message type: E = Error

• Message class: UCCV - Message Class for Validation Customizing

• Message number: 007

• Message text: Retained earnings in balance sheet not equal to income statement

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCCV007 - Retained earnings in balance sheet not equal to income statement ?

  The SAP error message UCCV007 indicates that there is a discrepancy between the retained earnings reported in the balance sheet and the income statement. This error typically arises during the closing process when the financial statements are being generated, and it suggests that the retained earnings figure does not match the expected value based on the income statement.
  Causes of UCCV007
  
  
  Incorrect Posting: There may be incorrect or missing postings in the general ledger that affect retained earnings. This can happen if journal entries are not posted correctly or if there are adjustments that have not been accounted for.
  
  
  Timing Differences: Transactions may have been posted in different periods, leading to discrepancies between the income statement and the balance sheet.
  
  
  Currency Translation Issues: If your organization operates in multiple currencies, discrepancies can arise from currency translation differences.
  
  
  Manual Adjustments: Manual adjustments made to either the income statement or the balance sheet can lead to inconsistencies.
  
  
  Configuration