How To Fix UCF6629 - Item for statistical goodwill not specified

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 629

• Message text: Item for statistical goodwill not specified

What causes this issue?

You have not specified a statistical goodwill item in Customizing for
consolidation of investments.
Depending on which goodwill treatment is activated in <ZK>System
Utilization</>, the statistical goodwill items need to be defined either
under <ZK>Goodwill Global</> or also individually in the consolidation
of investments method.
These must be statistical balance sheet items with breakdowns by partner
unit.
If you use different types of goodwill treatment (amortization,
reduction, etc.), you need to specify a separate statistical item for
each treatment.
The statistical items for positive and negative goodwill must always be
different.

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 UCF6629 - Item for statistical goodwill not specified ?

  The SAP error message UCF6629, which states "Item for statistical goodwill not specified," typically occurs in the context of financial transactions involving goodwill accounting. This error indicates that the system is expecting a statistical goodwill item to be specified in the transaction, but it has not been provided.
  Cause:
  
  Missing Configuration: The statistical goodwill item may not be configured in the system. This could be due to missing settings in the relevant financial accounting or controlling modules.
  Transaction Type: The transaction being processed may require a statistical goodwill item, but the user has not specified one.
  Data Entry Error: There may be an oversight in data entry where the required field for the statistical goodwill item was left blank.
  
  Solution:
  
  
  Check Configuration:
  
  Ensure that the statistical goodwill item is properly configured in the system. This can typically be done in the Financial Accounting (FI) or Controlling (CO) module settings.
  Navigate to the relevant configuration settings in SAP and verify that the statistical goodwill items are defined and active.
  
  
  
  Specify the Goodwill Item:
  
  When processing the transaction, ensure that you specify the statistical goodwill item if it is required. This may involve entering the correct account number or selecting the appropriate item from a list.
  
  
  
  Review Transaction Type:
  
  Check the transaction type you are using. If it inherently requires a statistical goodwill item, ensure that you are following the correct procedure for that transaction.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to goodwill accounting to understand the requirements for the specific transaction you are attempting.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the configuration and data entry, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  
  
  Related Information:
  
  Goodwill Accounting: Goodwill is an intangible asset that arises when a company acquires another company for more than the fair value of its net identifiable assets. Statistical goodwill items are used for tracking and reporting purposes.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to goodwill accounting, such as those for posting transactions or configuring financial settings.
  User Roles and Authorizations: Ensure that the user attempting the transaction has the necessary authorizations to access and modify goodwill-related entries.
  
  By following these steps, you should be able to resolve the UCF6629 error and successfully process your transaction.