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

UCF6123 - Overview

• 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.

UCF6123 - Details

• 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