How To Fix UCF6064 - Appr.ret.earn.: Annual net income: Item &1 is not an income stmt item

UCF6064 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 064

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

*** like ucf6 063 ***

What causes this issue?

The items you specify under "Appropriation of Retained Earnings" on tab
page "Annual Net Income" in group box "Minority Interest in Annual Net
Income" must have the <DS:GLOS.615F0191A481D511B1250008C784EFB1>item
type</> "income statement" -- regardless of the settings you made for
appropriations of retained earnings in
<DS:GLOS.D5692F24DA2CD511BCBF0800060D9C68>consolidation area</> &v2&.
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 UCF6064 - Appr.ret.earn.: Annual net income: Item &1 is not an income stmt item ?

  The SAP error message UCF6064, 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 item referenced (denoted by &1) is not recognized as a valid income statement item in the system.
  
  Cause:
  
  Incorrect Configuration: The item 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: The item may have been incorrectly entered or referenced in the financial reporting process.
  Version Mismatch: The financial statement version being used may not include the item in question.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access or modify certain financial statement items.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the financial statement version in SAP (Transaction