How To Fix UCF6067 - Equity method posting: Scope &2: Item &1 has wrong item type

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 067

• Message text: Equity method posting: Scope &2: Item &1 has wrong item type

What causes this issue?

The divestiture items (which you specify under "Equity Method Posting"
in the detail screen for the scope of reported data) must all have one
of two <DS:GLOS.615F0191A481D511B1250008C784EFB1>item types</>:
Item type "balance sheet" if the offsetting items have the item type
"balance sheet"
Item type "income statement" if the offsetting items have the item type
"income statement"
You specified divestiture item &V1& for scope &v2&, but it 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 UCF6067 - Equity method posting: Scope &2: Item &1 has wrong item type ?

  The SAP error message UCF6067 indicates an issue related to equity method postings in the context of financial accounting. Specifically, it suggests that there is a problem with the item type of a particular line item in the equity method posting.
  Cause:
  The error message UCF6067 typically arises due to one of the following reasons:
  
  
  Incorrect Item Type: The line item being processed does not have the correct item type as expected by the equity method posting logic. This could be due to configuration issues or incorrect data entry.
  
  
  Configuration Issues: The settings in the system for equity method accounting may not be properly configured, leading to mismatches in expected item types.
  
  
  Data Integrity Issues: There may be inconsistencies in the master data or transaction data that are causing the system to reject the posting.
  
  
  Posting Period Issues: The posting might be attempted in a closed period or a period that does not allow for equity method postings.
  
  
  Solution:
  To resolve the UCF6067 error, you can take the following steps:
  
  
  Check Item Type: Review the line item that is causing the error. Ensure that it has the correct item type for equity method postings. You may need to consult the documentation or configuration settings to determine the expected item type.
  
  
  Review Configuration: Check the configuration settings for equity method accounting in the SAP system. Ensure that all necessary settings are correctly defined, including the item types and their mappings.
  
  
  Data Validation: Validate the master data and transaction data related to the equity method posting. Look for any inconsistencies or errors that may be causing the issue.
  
  
  Posting Period: Ensure that the posting is being made in an open period. If the period is closed, you may need to open it or post in a different period.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on equity method postings and the expected configurations.
  
  
  Seek Help from SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights based on the specific configuration and version of your SAP system.
  
  
  Related Information:
  
  
  Equity Method Accounting: This is an accounting method used to account for investments in associated companies. It requires specific configurations in SAP to ensure proper handling of investments and related income.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide updates and patches that could resolve the issue.
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAA3 (for asset accounting) or other related transactions that may help in reviewing and correcting the configuration.
  
  
  By following these steps, you should be able to identify and resolve the cause of the UCF6067 error in your SAP system.