How To Fix UCF6138 - Appr. retained earnings: Item &1 is not a balance sheet item

UCF6138 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 138

• Message text: Appr. retained earnings: Item &1 is not a balance sheet item

What causes this issue?

All of the following items must have the item type "balance sheet":
The equity items on the "Group Adjustment" tab page under "Appropriation
of Retained Earnings"
The investment and equity items on the "Minority Adjustment" tab page
under "Appropriation of Retained Earnings"
You specified item &V1&, which does not have the item type "balance
sheet".

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?

Change the type of item &V1& or do not use this item here.

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 UCF6138 - Appr. retained earnings: Item &1 is not a balance sheet item ?

  The SAP error message UCF6138, which states "Appr. retained earnings: Item &1 is not a balance sheet item," typically occurs during the process of closing the financial year or when trying to post to retained earnings. This error indicates that the system is expecting a balance sheet item, but the specified item (in this case, &1) is not classified as such.
  
  Cause:
  
  Incorrect Account Configuration: The account specified in the error message is not set up as a balance sheet account in the chart of accounts. Retained earnings should be linked to balance sheet accounts.
  Posting Period Issues: The posting period may not be open for the transaction you are trying to execute.
  Incorrect Account Type: The account type for the specified item may not be correctly defined in the system, leading to the error.
  
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the transaction code FS00 (G/L Account Master Record) and check the account settings for the item