How To Fix UCF6069 - Equity method posting: Scope &2: Item &1 is not a statistical item

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 069

• Message text: Equity method posting: Scope &2: Item &1 is not a statistical item

What causes this issue?

The item <ZK>Statistical Scope of Reported Financial Data</> (which you
specify under <ZK>Equity Method Posting</> in the detail screen for the
scope of reported data) must have
<DS:GLOS.615F0191A481D511B1250008C784EFB1>item type</> <ZK>Statistical:
Balance</>.
You specified item &V1& in scope &v2&, 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 UCF6069 - Equity method posting: Scope &2: Item &1 is not a statistical item ?

  The SAP error message UCF6069 indicates an issue related to equity method accounting, specifically that a certain item is not recognized as a statistical item in the context of the equity method posting. This error typically arises when trying to post transactions related to investments in associates or joint ventures where the equity method is applied.
  Cause:
  
  Non-Statistical Item: The item being posted is not defined as a statistical item in the system. In equity accounting, certain items must be marked as statistical to ensure that they are treated correctly in financial reporting.
  Configuration Issues: There may be a configuration issue in the settings for equity method accounting, where the item in question is not set up correctly in the system.
  Incorrect Posting Logic: The posting logic may be incorrect, leading to an attempt to post a non-statistical item in a context where a statistical item is required.
  
  Solution:
  
  
  Check Item Configuration:
  
  Go to the configuration settings for the item in question and verify if it is marked as a statistical item. This can typically be done in the SAP Customizing Implementation Guide (IMG) under Financial Accounting (FI) settings.
  Ensure that the item is correctly defined in the relevant chart of accounts and that it is set up for equity method accounting.
  
  
  
  Review Equity Method Settings:
  
  Check the settings for equity method accounting in the system. Ensure that all necessary configurations are in place for the items being posted.
  Verify that the equity method is correctly configured for the relevant company codes and that the necessary accounts are set up.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to equity method accounting to ensure that all steps and configurations have been followed correctly.
  
  
  
  Testing:
  
  After making any changes, perform a test posting to see if the error persists. If it does, further investigation may be needed.
  
  
  
  Seek Support:
  
  If the issue cannot be resolved through configuration changes, consider reaching out to SAP support or consulting with an SAP FI/CO expert who can provide more detailed assistance.
  
  
  
  Related Information:
  
  Equity Method Accounting: This method is used for accounting for investments in associates and joint ventures, where the investor recognizes its share of the investee's profits or losses.
  Statistical Items: In SAP, statistical items are used for reporting purposes and do not affect the financial statements directly. They are often used in the context of equity accounting to track investments without impacting the balance sheet directly.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (for posting periods), OBA7 (for account types), and others that may help in troubleshooting the issue.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.