How To Fix UCF6611 - Amortization item for goodwill not defined

UCF6611 - Overview

• 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