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

UCF6069 - Overview

• 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.

UCF6069 - Details

• 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