How To Fix UCF6031 - Push-down goodwill: Item &1 is not a balance sheet item

UCF6031 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 031

• Message text: Push-down goodwill: Item &1 is not a balance sheet item

What causes this issue?

The items you specify under "Push-down Goodwill: Reserves" 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".

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 UCF6031 - Push-down goodwill: Item &1 is not a balance sheet item ?

  The SAP error message UCF6031, which states "Push-down goodwill: Item &1 is not a balance sheet item," typically occurs in the context of financial consolidation processes, particularly when dealing with push-down accounting for goodwill in SAP S/4HANA or SAP Business Suite.
  
  Cause:
  This error arises when the system attempts to process a goodwill item that is not classified as a balance sheet item. In SAP, certain financial items must be categorized correctly to ensure that they can be processed in the context of balance sheet reporting and consolidation. If the item in question (denoted as &1 in the error message) is not set up correctly in the system, it will trigger this error.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Item Configuration:
  
  Go to the configuration settings for the financial item that is causing the error. Ensure that it is correctly classified as a balance sheet item.
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