Do you have any question about this error?
Stop googling SAP errors. Use our Free Essentials plan instead - no credit card needed. Start Now →
Message type: E = Error
Message class: UCF6 - Messages for Consolidation of Investments
Message number: 002
Message text: Specification of the treatment of negative goodwill is required
Various elimination options are available for the treatment of
<DS:GLOS.3526B7A3AFAB52B9E10000009B38F974>negative goodwill</>. So far,
no settings have been made.
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Select one or more elimination options for negative goodwill.
Error message extract from SAP system. Copyright SAP SE.
UCF6002
- Specification of the treatment of negative goodwill is required ?The SAP error message UCF6002, which states "Specification of the treatment of negative goodwill is required," typically occurs in the context of financial accounting and consolidation processes within SAP. This error is related to the handling of negative goodwill, which arises when the purchase price of an acquired company is less than the fair value of its net identifiable assets.
Cause:
The error is triggered when the system requires a specification on how to treat negative goodwill during the consolidation process. This can happen in scenarios such as:
- Missing Configuration: The system lacks the necessary configuration settings for handling negative goodwill in the consolidation settings.
- Incorrect Settings: The settings for the treatment of negative goodwill may be incorrectly defined or not aligned with the company's accounting policies.
- Data Entry Issues: There may be issues with the data entered for the acquisition, such as incorrect valuation of assets or liabilities.
Solution:
To resolve the UCF6002 error, you can follow these steps:
Check Configuration:
- Navigate to the SAP Customizing Implementation Guide (IMG) and check the settings for the treatment of negative goodwill.
- Go to Financial Accounting (New) > General Ledger Accounting (New) > Business Transactions > Acquisitions > Define Treatment of Negative Goodwill.
- Ensure that the treatment of negative goodwill is properly defined according to your organization's accounting policies.
Define Treatment:
- Specify how negative goodwill should be treated in your consolidation settings. This may include options such as recognizing it as income, offsetting it against goodwill, or other treatments as per your accounting standards.
Review Data:
- Check the data related to the acquisition to ensure that all values are correctly entered and that the fair value of net identifiable assets is accurately reflected.
Consult Documentation:
- Review SAP documentation or consult with your SAP support team for specific guidelines on handling negative goodwill in your version of SAP.
Testing:
- After making the necessary changes, perform a test run of the consolidation process to ensure that the error is resolved.
Related Information:
If the issue persists after following these steps, it may be beneficial to engage with SAP support or a consultant who specializes in SAP financial accounting and consolidation processes.
Get instant SAP help. Sign up for our Free Essentials Plan.
UCF6001
Specification of the treatment of goodwill is required
What causes this issue? *** ucf6002 is similar (only "negative") *** Various elimination options are available for the treatment of <DS:...
UCF6000
& & & &
Self-Explanatory Message Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of...
UCF6003
An entry with the same key already exists
What causes this issue? While adding an entry you specified a key that already exists.System Response The entry cannot be added.How to fix this erro...
UCF6004
No statistical item is defined for equity item &1
What causes this issue? You need to define a statistical item for equity item &V1&.System Response The system issues an error message and wi...
Click on this link to search all SAP messages.