How To Fix UCF6051 - Equity: stat. equity: Item &1 is not a balance sheet item

UCF6051 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 051

• Message text: Equity: stat. equity: Item &1 is not a balance sheet item

*** like ucf6 050 ***

What causes this issue?

The items you specify in the area "Equity" on the "Statistical Equity"
tab page must all have the
<DS:GLOS.615F0191A481D511B1250008C784EFB1>item type
</> "Balance Sheet".
However, you specified item &V1&, which has a different item type.

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&, 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 UCF6051 - Equity: stat. equity: Item &1 is not a balance sheet item ?

  The SAP error message UCF6051 indicates that there is an issue with the classification of an equity item in the system. Specifically, it states that the item in question is not recognized as a balance sheet item, which is necessary for proper financial reporting and compliance.
  
  Cause:
  
  Incorrect Configuration: The equity item may not be correctly configured in the system as a balance sheet item. This can happen if the item is not set up in the chart of accounts or if it is incorrectly classified.
  Missing Master Data: The master data for the equity item may be incomplete or missing, leading to the system not recognizing it as a balance sheet item.
  Posting Issues: There may be issues with how transactions are being posted to this equity item, which can lead to inconsistencies in the financial statements.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the chart of accounts and ensure that the equity item