How To Fix UCF6029 - Data origin equity data: Item &1 is not a balance sheet item

UCF6029 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 029

• Message text: Data origin equity data: Item &1 is not a balance sheet item

What causes this issue?

The items you specify under "Location of Values" on the "Equity" tab
must all have the item type "Balance Sheet".
Item &V1&, which you specified for the activity &V2&, does not have the
item type "Balance Sheet".
<ZK>Note</>: You do not have to explicitly specify item &V1&.
Alternatively, you can specify a range of items that contains item &V1&
.

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?

Either change the item type of item &V1& for the activity &v2&, or do
not use this item.

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 UCF6029 - Data origin equity data: Item &1 is not a balance sheet item ?

  The SAP error message UCF6029 indicates that there is an issue with the equity data being processed in the system. Specifically, the message states that the item referenced (Item &1) is not recognized as a balance sheet item. This typically occurs in the context of financial reporting or data processing where the system expects certain items to be classified as balance sheet items, but they are not.
  
  Cause:
  
  Incorrect Configuration: The item in question may not be properly configured in the system as a balance sheet item. 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 an item that should be classified as a balance sheet item is not.
  Missing Master Data: The master data for the item may be incomplete or missing, leading the system to not recognize it as a balance