How To Fix UCF6698 - Specify the posting item for amortization and writeup of investments

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 698

• Message text: Specify the posting item for amortization and writeup of investments

What causes this issue?

You have not specified the offsetting entry in the investment
amortization or writeup under <ZK>Selected Items -> Investment Writeup
</> in C/I Customizing.
This must be an income statement item so that the elimination of the
investment adjustment has an effect on net income.

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 UCF6698 - Specify the posting item for amortization and writeup of investments ?

  The SAP error message UCF6698, "Specify the posting item for amortization and writeup of investments," typically occurs in the context of financial accounting and asset management within SAP. This error indicates that the system requires specific information regarding the posting items for amortization and write-up of investments, which are necessary for processing financial transactions related to fixed assets.
  Cause:
  
  Missing Configuration: The error often arises when the necessary configuration for posting items related to amortization and write-up of investments is not set up in the system.
  Incomplete Master Data: The asset master data may be incomplete or incorrectly configured, lacking the required posting information.
  Transaction Type Issues: The transaction type being used may not have the appropriate settings for amortization or write-up postings.
  Missing Account Determination: The account determination for the relevant asset classes may not be properly defined in the system.
  
  Solution:
  To resolve the UCF6698 error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for asset accounting (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Posting Items for Amortization and Write-Up.
  Ensure that the posting items for amortization and write-up are correctly defined for the relevant asset classes.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data (Transaction code: AS03) for the asset in question.
  Ensure that all required fields, especially those related to posting items, are filled out correctly.
  
  
  
  Verify Transaction Type:
  
  Check the transaction type being used for the amortization or write-up.
  Ensure that it is configured to allow the necessary postings.
  
  
  
  Account Determination:
  
  Review the account determination settings for the asset class (Transaction code: OAOA).
  Make sure that the accounts for amortization and write-up are correctly assigned.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed guidance on configuration and troubleshooting.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  User Forums: Engage with SAP community forums or user groups for additional insights and shared experiences from other users who may have encountered the same issue.
  
  By following these steps, you should be able to identify and resolve the cause of the UCF6698 error in your SAP system.