How To Fix UCF6032 - Push-down goodwill: Item &1 is not an income statement item

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 032

• Message text: Push-down goodwill: Item &1 is not an income statement item

What causes this issue?

The items under "Push-down Goodwill: Amortization" and the items under
"Push-down Goodwill (Negative): Amortization" must all have the item
type "Income Statement".
Item &V1&, which you specified for the activity &V2&, does not have the
item type "Income Statement".

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 UCF6032 - Push-down goodwill: Item &1 is not an income statement item ?

  The SAP error message UCF6032, which states "Push-down goodwill: Item &1 is not an income statement item," typically occurs in the context of financial consolidation processes, particularly when dealing with push-down accounting in SAP. This error indicates that the system is trying to process a financial item that is not classified as an income statement item, which is necessary for the push-down goodwill calculation.
  Cause:
  
  Incorrect Item Classification: The item referenced in the error message (&1) is not categorized correctly in the financial statement. It may be classified as a balance sheet item instead of an income statement item.
  Configuration Issues: There may be issues with the configuration of the financial statement items in the SAP system, leading to incorrect classifications.
  Data Entry Errors: There could be errors in the data entry process where the item was incorrectly defined or recorded.
  
  Solution:
  
  
  Check Item Classification:
  
  Review the item in question (&1) to ensure it is correctly classified as an income statement item. This can typically be done in the SAP system by checking the financial statement item settings.
  Ensure that the item is set up in the correct hierarchy and is marked as an income statement item.
  
  
  
  Adjust Configuration:
  
  If the item is incorrectly configured, you may need to adjust the configuration settings in the SAP system. This may involve working with your SAP FI/CO consultant to ensure that the financial statement items are set up correctly.
  
  
  
  Data Correction:
  
  If the error is due to incorrect data entry, correct the data in the relevant financial documents or entries. Ensure that all relevant entries are consistent with the required classifications.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on push-down accounting and the requirements for income statement items.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test run of the consolidation process to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Push-Down Accounting: This is an accounting method where the goodwill from a business combination is allocated to the acquired entity's financial statements. It requires careful classification of financial items.
  SAP Modules: This error is typically encountered in SAP modules related to Financial Accounting (FI) and Controlling (CO), particularly in the context of consolidation processes.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB58 (for financial statement item configuration) and CACS (for consolidation) to navigate the system effectively.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a professional with expertise in SAP financial processes.