How To Fix UCF6703 - Clearing item for balance sheet not defined

UCF6703 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 703

• Message text: Clearing item for balance sheet not defined

What causes this issue?

The "Clearing - Balance Sheet" item has not been defined.

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?

Define this item either globally or as dependent on the
<DS:GLOS.92FA4F84C681D511B1250008C784EFB1>document type</>.

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 UCF6703 - Clearing item for balance sheet not defined ?

  The SAP error message UCF6703, "Clearing item for balance sheet not defined," typically occurs in the context of financial accounting and is related to the clearing of items in the balance sheet. This error indicates that the system cannot find a defined clearing item for a specific balance sheet account during the clearing process.
  
  Cause:
  
  
  Missing Clearing Item Definition: The most common cause of this error is that the clearing item for the balance sheet account has not been defined in the system. This can happen if the configuration for the account is incomplete or if the necessary settings have not been maintained.
  
  
  Incorrect Account Configuration: The account may not be set up correctly in the chart of accounts or may not have the appropriate settings for clearing.
  
  
  Transaction Type Issues: The transaction type being used may not be compatible with the clearing process for the balance sheet account.
  
  
  Customizations or Modifications: If there have