How To Fix UCF6702 - Specify the (annual) net income item for organizational change

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 702

• Message text: Specify the (annual) net income item for organizational change

What causes this issue?

Nobody has specified the posting item for <ZK>Net Income -
Organizational Change</> under <ZK>Appropriation of Retained Earnings ->
Net Income </>in C/I Customizing.

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 UCF6702 - Specify the (annual) net income item for organizational change ?

  The SAP error message UCF6702, which states "Specify the (annual) net income item for organizational change," typically occurs in the context of financial reporting or organizational management within SAP. This error indicates that the system requires a specific net income item to be defined for an organizational change, which is often related to the configuration of financial statements or the organizational structure in SAP.
  Cause:
  
  Missing Configuration: The error usually arises when the system is unable to find a defined net income item for the specified organizational unit or change. This could be due to missing entries in the configuration settings for financial reporting.
  Organizational Structure Changes: If there have been recent changes to the organizational structure (like mergers, acquisitions, or restructuring), the system may require updates to the financial items associated with these changes.
  Incorrect Settings: The settings for the financial statement version or the organizational unit may not be correctly configured, leading to the inability to identify the appropriate net income item.
  
  Solution:
  
  
  Check Configuration: 
  
  Navigate to the configuration settings for financial reporting in SAP (usually found in the Financial Accounting module).
  Ensure that the net income item is correctly defined for the relevant organizational unit. This can typically be done in the Financial Statement Version settings.
  
  
  
  Define Net Income Item:
  
  If the net income item is not defined, you will need to create or assign it. This can be done by going to the relevant configuration path (e.g., SPRO > Financial Accounting > Financial Statements > Define Financial Statement Versions).
  Make sure to assign the correct accounts to the net income item for the organizational unit in question.
  
  
  
  Review Organizational Changes:
  
  If the error occurred after an organizational change, review the changes made to ensure that all necessary financial items are updated accordingly.
  Check if the organizational unit is linked to the correct financial statement version.
  
  
  
  Testing: 
  
  After making the necessary changes, perform a test to ensure that the error no longer appears when processing the organizational change.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB58 (for financial statement versions) and OKEQ (for organizational structure).
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring financial statements and organizational structures.
  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 business processes.
  
  By following these steps, you should be able to resolve the UCF6702 error and ensure that your organizational changes are processed correctly in SAP.