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Message type: E = Error
Message class: UCF6 - Messages for Consolidation of Investments
Message number: 126
Message text: Sel. items: Goodwill in LC: Exchange rate indicators must be specified
It is absolutely necessary for the function "Goodwill in Local Currency"
that you maintain "Exchange Rate Indicator - Balance Sheet" and
"Exchange Rate Indicator - Income Statement" (on tab page "Goodwill in
Local Currency" under "Selected Items").
One or more exchange rate indicators are still blank.
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Maintain "Exchange Rate Indicator - Balance Sheet" and "Exchange Rate
Indicator - Income Statement".
Error message extract from SAP system. Copyright SAP SE.
UCF6126
- Sel. items: Goodwill in LC: Exchange rate indicators must be specified ?The SAP error message UCF6126, which states "Sel. items: Goodwill in LC: Exchange rate indicators must be specified," typically occurs in the context of financial transactions involving goodwill and foreign currency valuations. This error indicates that the system requires specific exchange rate indicators to be defined for the valuation of goodwill in local currency (LC).
Cause:
Missing Exchange Rate Indicators: The error usually arises when the system is unable to find the necessary exchange rate indicators for the currency conversion related to goodwill. This can happen if the exchange rate type is not defined in the configuration or if the relevant exchange rates are not maintained in the system.
Configuration Issues: There may be issues in the configuration settings related to the valuation of goodwill, particularly in the context of foreign currency transactions.
Transaction Type: The transaction type being processed may not have the required settings for handling goodwill in local currency.
Solution:
Check Exchange Rate Types:
- Go to the transaction code
OB08
to check if the exchange rates are maintained for the relevant currency pair.- Ensure that the exchange rate type used for the transaction is correctly defined and that the rates are up to date.
Define Exchange Rate Indicators:
- Navigate to the configuration settings for exchange rate indicators. This can typically be found under
SPRO
>Financial Accounting
>General Ledger
>Valuation
>Define Exchange Rate Types
.- Ensure that the exchange rate indicators are properly defined for the relevant currencies and transaction types.
Review Goodwill Configuration:
- Check the configuration for goodwill in the system. This can be done in the
SPRO
settings under the relevant financial accounting sections.- Ensure that the settings for goodwill valuation in local currency are correctly configured.
Transaction Review:
- Review the specific transaction that triggered the error. Ensure that all necessary fields are filled out correctly and that the transaction type supports the valuation of goodwill.
Consult Documentation:
- Refer to SAP documentation or help resources for specific guidance on handling goodwill and exchange rate indicators.
Related Information:
By following these steps, you should be able to resolve the UCF6126 error and ensure that the necessary exchange rate indicators are specified for goodwill transactions in local currency.
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