How To Fix UCF6402 - Reference restatement &1: no goodwill entries exist

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 402

• Message text: Reference restatement &1: no goodwill entries exist

What causes this issue?

You carry out the automatic consolidation of investments in the
non-initial restatement characteristic value &V2& in from-period &V3& of
its validity timeframe. In this case, the system also processes goodwill
entries from the reference restatement &V1&.
However, no goodwill entries exist in restatement &V1& for time &V3&.
Therefore, the consolidation of investments postings in restatement &V2&
are incomplete.

System Response

When executing automatic posting tasks in the restatement monitor, the
system uses a "delta" procedure for the totals records and documents
posted in the task (see SAP Note 1667855). The data stream for goodwill
is an exception to this: This is <ZH>not</> subject to the "delta"
procedure in the restatement dimension. The system generates separate
goodwill entries for each restatement characteristic value, whereby each
entry has the total value that is valid for the respective restatement
characteristic value.
The system uses a special logic so that goodwill entries are available
for processing when consolidation of investments takes place in a
non-initial restatement characteristic value: If it takes place in
from-period &V3& of the validity timeframe of restatement &V2& of the
current task execution, the system also reads the goodwill entries that
are in this period in reference restatement &V1& and processes these for
posting in the current restatement &V2&.
In the current scenario, no goodwill entries exist in restatement &V1&
for time &V3&. Therefore, the system cannot process the goodwill
correctly when consolidation of investments is carried out in
restatement &V2&.

How to fix this error?

The lack of goodwill entries in reference restatement &V1& is probably
due to the fact that you have not yet carried out automatic
consolidation of investments in restatement &V1& in an update run.
When using the restatement, always execute the tasks in "ascending"
sequence in the restatement dimension according to the definition of the
references in the master data of the restatement.
Example:
Restatement B -> Reference restatement A
Restatement A -> Reference to original data
In the above example, you have to execute the tasks for the initial
restatement first, then for restatement A, and finally for restatement
B.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCF6402 - Reference restatement &1: no goodwill entries exist ?

  The SAP error message UCF6402, which states "Reference restatement &1: no goodwill entries exist," typically occurs in the context of financial reporting and consolidation processes, particularly when dealing with goodwill adjustments in the Universal Journal or during the consolidation of financial statements.
  Cause:
  This error generally arises due to one of the following reasons:
  
  
  Missing Goodwill Entries: The system is attempting to perform a reference restatement for a specific entity or consolidation group, but there are no goodwill entries recorded for that entity in the relevant period.
  
  
  Incorrect Configuration: The configuration settings for goodwill accounting or the consolidation process may not be set up correctly, leading to the absence of expected entries.
  
  
  Data Migration Issues: If data has been migrated from another system or if there have been changes in the accounting structure, it may result in missing goodwill entries.
  
  
  Timing Issues: The period for which the reference restatement is being attempted may not have any goodwill entries due to timing differences in posting.
  
  
  Solution:
  To resolve the UCF6402 error, you can take the following steps:
  
  
  Check Goodwill Entries: Verify if there are any goodwill entries for the specified entity and period. You can do this by checking the relevant financial documents or reports.
  
  
  Review Configuration: Ensure that the configuration for goodwill accounting and consolidation is correctly set up. This includes checking the settings in the Financial Accounting (FI) and Consolidation (EC) modules.
  
  
  Data Consistency: If data migration has occurred, ensure that all necessary goodwill entries have been migrated correctly. You may need to run reconciliation reports to identify any discrepancies.
  
  
  Adjust Posting Period: If the reference restatement is being attempted for a period where no goodwill entries exist, consider adjusting the posting period or ensuring that the necessary entries are posted for that period.
  
  
  Consult Documentation: Review SAP documentation or notes related to goodwill accounting and consolidation for any specific instructions or updates that may apply to your version of SAP.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration or version.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB03 (Display Document), OB52 (Open/Close Posting Periods), and CST1 (Consolidation) to help in your investigation.
  Documentation: Review the SAP Help Portal for detailed documentation on goodwill accounting and consolidation processes.
  
  By following these steps, you should be able to identify the cause of the UCF6402 error and implement a solution to resolve it.