How To Fix UCF6611 - Amortization item for goodwill not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 611

• Message text: Amortization 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 UCF6611 - Amortization item for goodwill not defined ?

  The SAP error message UCF6611, "Amortization item for goodwill not defined," typically occurs in the context of financial accounting and asset management when the system is unable to find a defined amortization item for goodwill in the configuration settings. This can happen during processes such as asset acquisition, transfer, or when running depreciation calculations.
  Cause:
  
  Missing Configuration: The primary cause of this error is that the amortization item for goodwill has not been defined in the system. This could be due to incorrect or incomplete configuration in the Asset Accounting (FI-AA) module.
  Incorrect Asset Class: The asset class associated with the goodwill may not have the necessary settings for amortization.
  Missing Master Data: The asset master record for the goodwill may not have the required information or settings.
  
  Solution:
  To resolve the UCF6611 error, you can follow these steps:
  
  
  Check Asset Class Configuration:
  
  Go to the configuration settings for Asset Accounting (Transaction code: OAOA).
  Ensure that the asset class used for goodwill has the correct settings for amortization. Specifically, check the "Amortization" tab to ensure that the amortization item is defined.
  
  
  
  Define Amortization Item:
  
  If the amortization item is not defined, you will need to create it. This can be done in the configuration settings for the relevant asset class.
  Navigate to the configuration path: Financial Accounting (New) > Asset Accounting > Valuation > Define Amortization Types.
  Create or modify the amortization type for goodwill as needed.
  
  
  
  Review Asset Master Data:
  
  Check the asset master record for the goodwill asset (Transaction code: AS03).
  Ensure that all necessary fields are filled out correctly, including the asset class and any relevant amortization settings.
  
  
  
  Run Depreciation Calculation:
  
  After making the necessary changes, run the depreciation calculation again (Transaction code: AFAB) to see if the error persists.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration settings, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OAOA: Asset Class Configuration
  AS03: Display Asset Master Record
  AFAB: Run Depreciation
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuring amortization for goodwill.
  User Roles: Ensure that you have the necessary authorizations to make changes to asset accounting settings.
  
  By following these steps, you should be able to resolve the UCF6611 error and ensure that the amortization for goodwill is properly defined in your SAP system.