How To Fix UCF6628 - Item for net income prior to first consolidation not specified

UCF6628 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 628

• Message text: Item for net income prior to first consolidation not specified

What causes this issue?

You have not specified the item for net income prior to first
consolidation under Appropriation of Retained Earnings -> Net Income in
Customizing for consolidation of investments.
This item is part of appropriation of retained earnings. These items
must be either in the balance sheet or in the income statement,
depending on where appropriations of retained earnings are stated (see
the settings in the consolidation area).

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 UCF6628 - Item for net income prior to first consolidation not specified ?

  The SAP error message UCF6628, which states "Item for net income prior to first consolidation not specified," typically occurs in the context of financial consolidation processes within SAP, particularly when using the SAP Financial Consolidation (FC) or SAP Business Planning and Consolidation (BPC) modules.
  
  Cause:
  This error usually arises when the system is unable to find a specified item for net income that should be included in the consolidation process. This can happen due to several reasons:
  
  Missing Configuration: The configuration for the net income item may not be set up correctly in the consolidation settings.
  Incorrect Mapping: The mapping of accounts or items in the consolidation process may not be correctly defined, leading to the system not recognizing the net income item.
  Data Entry Issues: There may be missing or incorrect data entries in the relevant financial statements or ledgers that are being consolidated.
  Versioning Issues: The version of the data being processed may not