How To Fix UCF6744 - Item 'Transfers to minority interest' not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 744

• Message text: Item 'Transfers to minority interest' not defined

What causes this issue?

If you use the <LS>Partial Divestiture as Equity Transaction</>
function, you have to specify the posting item <LS>Transfers to Minority
Interest in Retained Earnings</>. This is essential so the system
suppresses financial statement imbalances in subsequent consolidation
and partial divestitures.

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 the item <LS>Transfer to Minority Interest in Retained Earnings
</> in Customizing of consolidation of investments for retained earnings
on the <LS>Net Income</> tab page.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.