How To Fix UCF6074 - Selected items: Divestiture: Item &1 is not an income statement item

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 074

• Message text: Selected items: Divestiture: Item &1 is not an income statement item

*** like ucf6 073 ***

What causes this issue?

The items you specify on tab page "Divestiture" under "Selected Items"
must have the <DS:GLOS.615F0191A481D511B1250008C784EFB1>item type</>
"Income Statement".
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 UCF6074 - Selected items: Divestiture: Item &1 is not an income statement item ?

  The SAP error message UCF6074 indicates that there is an issue with the selected item in a divestiture process. Specifically, the error states that the item in question (denoted as &1) is not classified as an income statement item. This typically occurs in the context of financial reporting or when performing divestiture activities in SAP.
  Cause:
  
  Incorrect Item Classification: The item you are trying to select for the divestiture is not categorized as an income statement item. In SAP, items must be properly classified in the chart of accounts to be used in specific financial processes.
  Configuration Issues: There may be configuration issues in the financial module where the item is not set up correctly to be recognized as an income statement item.
  Data Entry Errors: There could be a mistake in the data entry where the item was incorrectly defined or selected.
  
  Solution:
  
  
  Check Item Classification:
  
  Go to the chart of accounts and verify the classification of the item in question. Ensure that it is set up as an income statement item.
  If it is not classified correctly, you may need to adjust the settings in the financial accounting configuration.
  
  
  
  Review Configuration Settings:
  
  Access the configuration settings in SAP (transaction code SPRO) and navigate to the relevant sections for financial accounting.
  Ensure that the item is included in the correct group for income statement items.
  
  
  
  Correct Data Entry:
  
  If the item was selected incorrectly, go back to the selection screen and choose the correct income statement item.
  Double-check any filters or criteria used to select items for the divestiture.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to divestiture processes and financial reporting to ensure compliance with the required item classifications.
  
  
  
  Seek Assistance:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or a consultant who specializes in SAP financial accounting for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FS00 (to view/change G/L accounts) and SPRO (to access configuration settings).
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address the issue.
  Training and Documentation: Ensure that users involved in financial reporting and divestiture processes are adequately trained on the classification of items and the implications of their selections.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.