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

UCD1053 - Overview

• 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.

UCD1053 - Details

• 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