How To Fix UCF6623 - Overall statistical offsetting item not specified

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 623

• Message text: Overall statistical offsetting item not specified

What causes this issue?

You have not specified the overall statistical offsetting item under
<ZK>Appropriation of Retained Earnings -> Statistical Net Income</> in
Customizing for consolidation of investments.
This needs to be a statistical balance sheet item.

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 assignments 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 UCF6623 - Overall statistical offsetting item not specified ?

  The SAP error message UCF6623, which states "Overall statistical offsetting item not specified," typically occurs in the context of the SAP Universal Journal (ACDOCA) or during the posting of financial documents. This error indicates that there is a missing or incorrect configuration related to statistical offsetting items in the system.
  Cause:
  
  Missing Configuration: The error often arises when the system expects a statistical offsetting item to be specified for a particular transaction, but it is not configured or provided.
  Incorrect Document Type: The document type being used may not be set up correctly to handle statistical postings.
  Posting Rules: The posting rules for the relevant account or transaction type may not be defined properly, leading to the system not being able to determine the appropriate offsetting item.
  Custom Code or Enhancements: If there are custom developments or enhancements in the system, they might interfere with the standard posting logic.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the relevant financial module (e.g., Financial Accounting, Controlling).
  Ensure that the statistical offsetting items are correctly defined for the relevant account types and document types.
  
  
  
  Review Document Type Settings:
  
  Check the settings for the document type being used in the transaction. Ensure that it is configured to allow statistical postings.
  
  
  
  Posting Rules:
  
  Review the posting rules for the accounts involved in the transaction. Make sure that the rules are set up to handle statistical offsetting items.
  
  
  
  Transaction Code:
  
  If applicable, use transaction codes like OBY6 (for document types) or OBA7 (for posting rules) to review and adjust the settings.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring statistical offsetting items.
  
  
  
  Debugging:
  
  If the issue persists, consider debugging the transaction to identify where the process is failing to find the offsetting item.
  
  
  
  SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that might address this specific error message or provide patches or updates.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP Support for assistance, especially if this is impacting business operations.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB50 (for general ledger postings) or F-02 (for manual postings) to test and replicate the issue.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  Testing: After making changes, conduct thorough testing in a development or quality assurance environment before applying changes to the production system.
  
  By following these steps, you should be able to identify the root cause of the UCF6623 error and implement a solution to resolve it.