How To Fix UCF6734 - Goodwill entry lies outside of periods of consolidation of investments

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 734

• Message text: Goodwill entry lies outside of periods of consolidation of investments

What causes this issue?

You entered a manual goodwill entry for a period that is not a
consolidation period in consolidation of investments. Consolidation of
investments will ignore the goodwill entry.

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?

Enter manual goodwill entries only for consolidation periods 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 UCF6734 - Goodwill entry lies outside of periods of consolidation of investments ?

  The SAP error message UCF6734, which states "Goodwill entry lies outside of periods of consolidation of investments," typically occurs in the context of financial consolidation processes within SAP, particularly when dealing with goodwill entries related to investments in subsidiaries or joint ventures.
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Period Mismatch: The goodwill entry you are trying to process is dated outside the defined consolidation periods. This can happen if the entry date is earlier than the start of the consolidation period or later than the end of the consolidation period.
  
  
  Incorrect Configuration: The consolidation settings in SAP may not be correctly configured, leading to discrepancies in the periods defined for consolidation.
  
  
  Data Entry Errors: There may be a mistake in the data entry, such as entering the wrong date for the goodwill entry.
  
  
  Solution:
  To resolve the UCF6734 error, you can take the following steps:
  
  
  Check the Periods: Verify the consolidation periods defined in your SAP system. Ensure that the date of the goodwill entry falls within the start and end dates of the consolidation periods.
  
  
  Adjust the Entry Date: If the entry date is incorrect, adjust it to fall within the valid consolidation period.
  
  
  Review Configuration: Check the configuration settings for the consolidation process in SAP. Ensure that the periods for consolidation are set up correctly and that there are no discrepancies.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling goodwill entries and consolidation periods.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  
  Consolidation Process: Understanding the overall consolidation process in SAP can help in identifying where the issue might be occurring. Familiarize yourself with how goodwill is treated in the context of financial consolidation.
  
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance on handling goodwill entries.
  
  
  Training and Resources: Consider training sessions or resources on SAP Financial Consolidation to better understand the system's handling of goodwill and consolidation periods.
  
  
  By following these steps, you should be able to identify the cause of the UCF6734 error and implement the necessary solutions to resolve it.