How To Fix UCF6024 - Selected items (master data): Item &1 is not a balance sheet item

UCF6024 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 024

• Message text: Selected items (master data): Item &1 is not a balance sheet item

What causes this issue?

Only items with the item type "Balance Sheet" may be specified on tab
page <ZK>Clearing - Balance Sheet</> in path <ZK>Master Data -> Items
-> Selected Items</>.
Item &V1& has a different item type.

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

System Response

How to fix this error?

Specify an item with item type "Balance Sheet".

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

UCF6024 - Details

• The SAP error message UCF6024 indicates that the selected item in the master data is not classified as a balance sheet item. This typically occurs in the context of financial reporting or when working with certain financial transactions that require specific classifications of accounts.
  
  Cause:
  
  Account Classification: The item (account) you are trying to use is not set up as a balance sheet item in the system. In SAP, accounts are classified as either balance sheet accounts or profit and loss accounts. This classification is crucial for financial reporting and consolidation processes.
  Master Data Configuration: The master data for the account may not have been configured correctly, or the account type may not align with the requirements of the transaction you are attempting to perform.
  Transaction Context: The transaction or report you are trying to execute may specifically require balance sheet items, and the selected item does not meet this criterion.
  
  
  Solution:
  
  
  Check Account Configuration:
  
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