How To Fix UCF6610 - Valuation allowance item for goodwill not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 610

• Message text: Valuation allowance item for goodwill not defined

What causes this issue?

The posting item for goodwill amortization has not been assigned.
Depending on the setting in system utilization for consolidation of
investments, the goodwill posting items are defined:
Under <ZK>Settings -> Goodwill Global,</> or
Individually in the consolidation of investments method

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?

Add the missing goodwill posting items in Customizing for consolidation
of investments.

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 UCF6610 - Valuation allowance item for goodwill not defined ?

  The SAP error message UCF6610, which states "Valuation allowance item for goodwill not defined," typically occurs in the context of financial accounting and reporting, particularly when dealing with goodwill and its valuation allowances in the SAP system.
  
  Cause:
  This error usually arises when the system is unable to find a defined valuation allowance item for goodwill in the configuration settings. This can happen due to:
  
  Missing Configuration: The valuation allowance item for goodwill has not been set up in the system.
  Incorrect Settings: The settings for the valuation allowance may be incorrectly configured or not aligned with the requirements of the financial reporting standards being used.
  Data Migration Issues: If data has been migrated from another system, the necessary configurations may not have been transferred correctly.
  
  
  Solution:
  To resolve the UCF6610 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Valuation > Valuation