How To Fix UCF6072 - Selected items: Legacy data transfer: Item &1 is not a balance sheet item

UCF6072 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 072

• Message text: Selected items: Legacy data transfer: Item &1 is not a balance sheet item

*** like ucf6 065 ***

What causes this issue?

The equity balancing item (which you specify on tab page "Legacy Data
Transfer" under "Selected Items") must have the
<DS:GLOS.615F0191A481D511B1250008C784EFB1>item type</> "Balance Sheet".
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.

UCF6072 - Details

• The SAP error message UCF6072 indicates that during a legacy data transfer, the system has identified that the selected item (denoted as &1) is not classified as a balance sheet item. This typically occurs when you are trying to transfer data related to financial accounts that are not set up correctly in the system.
  
  Cause:
  
  Incorrect Account Type: The item you are trying to transfer is not defined as a balance sheet account in the chart of accounts. Balance sheet accounts typically include assets, liabilities, and equity, while income statement accounts include revenues and expenses.
  
  Configuration Issues: The account may not be properly configured in the system, or it may be set up in a way that does not align with the requirements for balance sheet items.
  Data Entry Errors: There may be a mistake in the data entry or mapping during the legacy data transfer process.
  
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the account master data