How To Fix UCF6022 - Selected items (master data): "Clearing - Balance Sheet" not specified

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 022

• Message text: Selected items (master data): "Clearing - Balance Sheet" not specified

What causes this issue?

You did not specify an item for "Clearing - Balance Sheet" in path
<ZK>Master Data -> Items -> Selected Items</>. This item is absolutely
necessary for executing
<DS:GLOS.3526B7A9AFAB52B9E10000009B38F974>consolidation of investments
</>.

System Response

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

How to fix this error?

Specify an item for "Clearing - Balance Sheet".

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCF6022 - Selected items (master data): "Clearing - Balance Sheet" not specified ?

  The SAP error message UCF6022, which states "Selected items (master data): 'Clearing - Balance Sheet' not specified," typically occurs in the context of financial transactions, particularly when dealing with clearing accounts in the Universal Journal or during the execution of certain financial reports or processes.
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Missing Configuration: The clearing account for balance sheet items has not been defined in the system. This can happen if the necessary settings in the Financial Accounting (FI) module are incomplete or incorrect.
  
  
  Master Data Issues: The master data for the relevant accounts may not have been set up properly, leading to the system not being able to identify the appropriate clearing account.
  
  
  Transaction Type: The transaction type being processed may not be linked to a valid clearing account in the configuration.
  
  
  Solution:
  To resolve the UCF6022 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Prepare G/L Accounts for Posting.
  Ensure that the clearing accounts for balance sheet items are properly defined.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant G/L accounts (Transaction code: FS00).
  Ensure that the clearing account is specified in the account settings.
  
  
  
  Transaction Type Settings:
  
  Verify the transaction types being used in the process. Ensure that they are correctly linked to the clearing accounts in the configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to clearing accounts and balance sheet items for any additional configuration steps that may be required.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  User Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed.
  Support: If the issue persists after checking the configuration and master data, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the UCF6022 error in your SAP system.