How To Fix UCF6063 - Appr.ret.earn.: Annual net income: Item &1 is not an income stmt item

UCF6063 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 063

• Message text: Appr.ret.earn.: Annual net income: Item &1 is not an income stmt item

*** like ucf6 062 ***

What causes this issue?

In <DS:GLOS.D5692F24DA2CD511BCBF0800060D9C68>consolidation area</> &v2&
you determined that appropriations of retained earnings are to be
disclosed in the income statement. This is why all items you specify
under Appropriation of Retained Earnings on tab page "Annual Net
Income" in group box "Annual Net Income: Appropriation of Retained
Earnings" must have the <DS:GLOS.615F0191A481D511B1250008C784EFB1>item
type</> "income statement".
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.

UCF6063 - Details

• The SAP error message UCF6063, which states "Appr.ret.earn.: Annual net income: Item &1 is not an income stmt item," typically occurs in the context of financial reporting or when working with financial statements in SAP. This error indicates that the system is trying to process an item that is not recognized as a valid income statement item in the context of retained earnings or annual net income calculations.
  
  Cause:
  
  Incorrect Configuration: The item referenced (denoted as &1 in the error message) may not be properly configured in the system as an income statement item. This could be due to missing settings in the chart of accounts or financial statement version.
  Data Entry Error: There may be a mistake in the data entry where an incorrect account or item is being referenced.
  Missing Mapping: The item may not be mapped correctly in the financial statement version or may not be included in the relevant financial