How To Fix UCF6618 - Clearing item for elim. of investment income is wrong or not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 618

• Message text: Clearing item for elim. of investment income is wrong or not defined

What causes this issue?

A clearing item must be specified for each
<DS:GLOS.92FA4F84C681D511B1250008C784EFB1>document type</> for the
<DS:GLOS.3526B7D0AFAB52B9E10000009B38F974>elimination of investment
income.</> This item must be the same for all document types for the
elimination of investment income (in the same consolidation chart of
accounts).

How to fix this error?

Enter the characteristics (based on the consolidation chart of
accounts) for the document types of the elimination of investment
income. Always enter the same clearing item.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCF6618 - Clearing item for elim. of investment income is wrong or not defined ?

  The SAP error message UCF6618, which states "Clearing item for elim. of investment income is wrong or not defined," typically occurs in the context of financial consolidation processes, particularly when dealing with intercompany transactions and the elimination of investment income.
  Cause:
  
  Missing Configuration: The clearing item for the elimination of investment income may not be defined in the system. This can happen if the necessary settings in the configuration for consolidation are incomplete or incorrect.
  Incorrect Mapping: The mapping of accounts for elimination might not be set up properly, leading to discrepancies in how investment income is handled during the consolidation process.
  Data Issues: There may be issues with the data being processed, such as incorrect or missing entries in the relevant tables that handle investment income and its elimination.
  Version or Release Issues: Sometimes, specific versions of SAP may have bugs or require patches that affect how these processes are handled.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for financial consolidation in SAP (transaction code: OBY6 or similar).
  Ensure that the clearing item for the elimination of investment income is defined correctly. This may involve checking the settings for the relevant consolidation group or entity.
  
  
  
  Review Account Mapping:
  
  Verify that the accounts used for investment income and its elimination are correctly mapped in the system. This can usually be done in the consolidation settings or through the relevant financial accounting configuration.
  
  
  
  Data Validation:
  
  Check the data entries related to investment income and ensure that they are complete and accurate. Look for any missing or incorrect entries that could be causing the error.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to this specific error message. There may be specific instructions or patches available that address this issue.
  
  
  
  Testing:
  
  After making any changes, perform a test run of the consolidation process to ensure that the error does not reoccur.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and data, consider reaching out to SAP support for further assistance. They may provide insights based on the specific version of SAP you are using.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (for financial consolidation settings) and others that may be pertinent to your specific SAP environment.
  SAP Notes: Search for SAP Notes related to UCF6618 or financial consolidation issues in the SAP Support Portal. These notes often contain fixes or workarounds for known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed. Other users may have encountered the same error and can provide insights or solutions.
  
  By following these steps, you should be able to identify and resolve the cause of the UCF6618 error in your SAP system.