How To Fix UCF6123 - Selected items: Goodwill in LC: Item &1 is not a balance sheet item

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 123

• Message text: Selected items: Goodwill in LC: Item &1 is not a balance sheet item

What causes this issue?

The items you specify on the tab page <ZK>Goodwill in Local Currency
</> under <ZK>Selected Items</> must have the item type <ZK>balance
sheet</>.
Item &V1& 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 &V1& or use a different 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 UCF6123 - Selected items: Goodwill in LC: Item &1 is not a balance sheet item ?

  The SAP error message UCF6123 indicates that the selected item, in this case, "Goodwill," is not classified as a balance sheet item in the system. This error typically arises during the process of financial reporting or when trying to perform certain operations related to financial statements, particularly in the context of the Universal Journal or the Financial Closing cockpit.
  Cause:
  
  Item Classification: The item in question (Goodwill) is not set up as a balance sheet item in the configuration. In SAP, items must be correctly classified as either balance sheet items or profit and loss items to be processed correctly in financial reports.
  Configuration Issues: There may be issues in the configuration of the chart of accounts or the financial statement version that do not recognize Goodwill as a balance sheet item.
  Data Entry Errors: There could be a mistake in the data entry or the way the item is being referenced in the transaction.
  
  Solution:
  
  
  Check Item Configuration:
  
  Go to the configuration settings for your chart of accounts and verify that Goodwill is set up as a balance sheet item. This can typically be done in the transaction code OBY6 (for chart of accounts) or OB58 (for financial statement version).
  Ensure that the account type for Goodwill is set to "Balance Sheet" in the account master data.
  
  
  
  Review Financial Statement Version:
  
  Check the financial statement version to ensure that Goodwill is included and correctly classified. You can do this using transaction code OB58.
  Make sure that the item is assigned to the correct node in the financial statement structure.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to financial reporting and the specific error message for additional context and troubleshooting steps.
  
  
  
  Testing:
  
  After making any changes, perform a test run to see if the error persists. This can help confirm whether the issue has been resolved.
  
  
  
  Seek Help from SAP Support:
  
  If the issue continues after checking the configuration and settings, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OB58, and FS00 (for account master data).
  SAP Notes: Check for any SAP Notes related to this error message for additional fixes or patches that may be applicable.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.