How To Fix UCD1053 - Item &1 is not a balance sheet item

SAP Error Message - Details

• Message type: E = Error

• Message class: UCD1 - Messages for Document and Breakdown Check

• Message number: 053

• Message text: Item &1 is not a balance sheet item

What causes this issue?

You want to post deferred taxes in the balance sheet for the item &V1&.
This is only possible for balance sheet items.

System Response

The document cannot be processed.

How to fix this error?

Change the items defined in the function's settings.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCD1053 - Item &1 is not a balance sheet item ?

  The SAP error message UCD1053, which states "Item &1 is not a balance sheet item," typically occurs in the context of financial reporting or when working with financial statements in SAP. This error indicates that the item you are trying to process or analyze is not classified as a balance sheet item in the system.
  Cause:
  
  Incorrect Item Classification: The item you are trying to use is not defined as a balance sheet item in the configuration settings of your SAP system. This could be due to incorrect settings in the chart of accounts or the financial statement version.
  Data Entry Error: There may be a mistake in the data entry where the item is incorrectly referenced or does not exist in the expected context.
  Missing Configuration: The financial statement version may not include the item in question, or it may not be properly configured to display balance sheet items.
  
  Solution:
  
  
  Check Item Classification:
  
  Go to the configuration settings for your chart of accounts and verify that the item in question is classified correctly as a balance sheet item.
  You can check this in transaction code OBY6 (for chart of accounts) or OB58 (for financial statement version).
  
  
  
  Review Financial Statement Version:
  
  Ensure that the financial statement version you are using includes the item. You can check this in transaction code OB58.
  If the item is missing, you may need to add it to the financial statement version.
  
  
  
  Data Validation:
  
  Double-check the data entry for any typos or incorrect references to the item.
  Ensure that the item exists in the system and is active.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for more details on how to configure balance sheet items and financial statement versions.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (Chart of Accounts), OB58 (Financial Statement Version), and FS00 (G/L Account Master Data) for managing and reviewing account settings.
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message.
  Training and Documentation: Consider training sessions or documentation on financial reporting in SAP to better understand how balance sheet items are configured and managed.
  
  By following these steps, you should be able to identify the cause of the UCD1053 error and implement the necessary solutions to resolve it.