How To Fix UCF6693 - Data collection method &1: Wrong entries for consolidation of investments

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 693

• Message text: Data collection method &1: Wrong entries for consolidation of investments

What causes this issue?

Data collection method &V1& contains entries for data streams "Equity
holdings adjustments", "Goodwill", and/or "Sequence of activities". This
is incorrect, because consolidation of investments is not used in
consolidation area &V2&.

Data collection method &V1& contains entries for data streams
"Investments", "Equity", "Equity holdings adjustments", "Goodwill",
and/or "Sequence of activities". This is incorrect because consolidation
of investments is not used in consolidation area &V2&.

System Response

The erroneous data streams will not be displayed. When the method is
saved, these data streams will be removed from the database.

How to fix this error?

Save data collection method &V1& to ensure that your method definition
is consistent.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCF6693 - Data collection method &1: Wrong entries for consolidation of investments ?

  The SAP error message UCF6693, which states "Data collection method &1: Wrong entries for consolidation of investments," typically occurs in the context of financial consolidation processes within SAP, particularly when dealing with the consolidation of investments in a group of companies.
  Cause:
  This error can arise due to several reasons, including:
  
  Incorrect Data Collection Method: The data collection method specified may not be valid or may not correspond to the expected values in the system.
  Configuration Issues: There may be configuration issues in the consolidation settings, such as incorrect settings for the investment consolidation method.
  Data Entry Errors: There could be incorrect or incomplete entries in the master data or transaction data related to the investments.
  Inconsistent Data: The data being processed may not be consistent with the rules defined for the consolidation of investments, such as ownership percentages or investment types.
  
  Solution:
  To resolve the UCF6693 error, you can take the following steps:
  
  
  Check Data Collection Method: Verify that the data collection method specified in the error message is correct and valid. Ensure that it matches the expected values in the system.
  
  
  Review Configuration Settings: Go to the configuration settings for consolidation and check the settings related to the investment consolidation method. Ensure that they are set up correctly according to your business requirements.
  
  
  Validate Master Data: Check the master data for the entities involved in the consolidation. Ensure that all necessary fields are filled out correctly and that there are no inconsistencies.
  
  
  Examine Transaction Data: Review the transaction data related to the investments. Look for any anomalies or incorrect entries that could be causing the error.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the data collection methods and investment consolidation processes.
  
  
  Run Consistency Checks: Use SAP's built-in tools to run consistency checks on your data to identify any discrepancies that may be causing the error.
  
  
  Seek Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your specific configuration and data.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as UCM1 (for managing consolidation methods) and UCM2 (for managing investment data).
  Training and Documentation: Ensure that users involved in the consolidation process are adequately trained and have access to documentation that outlines the correct procedures and data requirements.
  
  By following these steps, you should be able to identify and resolve the underlying issues causing the UCF6693 error in your SAP system.