How To Fix UCF6650 - Ordinary amortization per method defined

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 650

• Message text: Ordinary amortization per method defined

What causes this issue?

Ordinary amortization of goodwill is defined per consolidation of
investments method in <ZK>System Utilization</>.

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?

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 UCF6650 - Ordinary amortization per method defined ?

  The SAP error message UCF6650, which states "Ordinary amortization per method defined," typically occurs in the context of asset accounting when there is an issue with the amortization method defined for an asset. This error can arise during the posting of an asset transaction, such as an acquisition or an adjustment.
  Cause:
  
  Incorrect Amortization Method: The amortization method assigned to the asset may not be correctly defined or may not be applicable for the asset type.
  Missing Configuration: The configuration for the amortization method may be incomplete or missing in the system.
  Asset Class Issues: The asset class assigned to the asset may not have a valid amortization method configured.
  Period Settings: The fiscal year or period settings may not align with the amortization method, leading to discrepancies.
  
  Solution:
  
  
  Check Amortization Method:
  
  Go to the asset master record and verify the amortization method assigned to the asset.
  Ensure that the method is appropriate for the asset type and complies with your organization's accounting policies.
  
  
  
  Review Configuration:
  
  Access the configuration settings for asset accounting (Transaction code: OAOA or SPRO).
  Navigate to the section for defining amortization methods and ensure that the method is properly configured.
  
  
  
  Asset Class Verification:
  
  Check the asset class settings (Transaction code: OAOA) to ensure that the correct amortization method is assigned to the asset class.
  If necessary, update the asset class configuration to include the correct amortization method.
  
  
  
  Fiscal Year and Period Settings:
  
  Ensure that the fiscal year variant and periods are correctly set up in the system.
  Check if the periods are open for posting and that the fiscal year is correctly defined.
  
  
  
  Test Posting:
  
  After making the necessary adjustments, try to post the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OAOA: Asset Accounting Configuration
  AS02: Change Asset Master Record
  AS03: Display Asset Master Record
  
  
  Documentation: Refer to SAP Help documentation for detailed guidance on asset accounting and amortization methods.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in asset accounting for further assistance.