How To Fix UCF6746 - Equity: Other Comprehensive Income: item &1 is not a balance sheet item

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 746

• Message text: Equity: Other Comprehensive Income: item &1 is not a balance sheet item

What causes this issue?

The items for other comprehensive income are equity items, and therefore
need to be in the balance sheet. However, item &V1& is not a balance
sheet item.

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?

Only enter balance sheet items for other comprehensive income. You have
to define these items as equity items on the <LS>Statistical Equity</>
tab page.

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 UCF6746 - Equity: Other Comprehensive Income: item &1 is not a balance sheet item ?

  The SAP error message UCF6746 indicates that there is an issue with the classification of an item in the context of equity and other comprehensive income. Specifically, the error states that the item in question (denoted as &1) is not recognized as a balance sheet item, which is necessary for the reporting of equity and other comprehensive income.
  Cause:
  
  Incorrect Item Classification: The item may not be properly classified in the system as a balance sheet item. In SAP, certain items must be designated as balance sheet items to be included in equity calculations.
  Configuration Issues: There may be configuration issues in the Financial Accounting (FI) module or the specific settings for equity and comprehensive income reporting.
  Missing Master Data: The master data for the item may be incomplete or incorrectly set up, leading to the system not recognizing it as a balance sheet item.
  Reporting Structure: The reporting structure or the financial statement version may not be set up correctly to include the item in question.
  
  Solution:
  
  Check Item Classification: Verify the classification of the item in the system. Ensure that it is set up as a balance sheet item. This can typically be done in the account master data settings.
  Review Configuration Settings: Check the configuration settings in the SAP system related to equity and other comprehensive income. Ensure that all necessary settings are correctly configured.
  Update Master Data: If the master data for the item is incomplete or incorrect, update it to ensure that it meets the requirements for being classified as a balance sheet item.
  Consult Documentation: Review SAP documentation or help resources related to financial reporting and equity to ensure compliance with reporting standards.
  Test Reporting Structure: If applicable, test the financial statement version or reporting structure to ensure that it includes the necessary items and classifications.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration and setup.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FS00 (G/L Account Master Data), OBY6 (Define Financial Statement Versions), and others that may help in troubleshooting.
  User Forums and Communities: Engage with SAP user forums or communities where similar issues may have been discussed, and solutions shared.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP FI consultant or your organization's SAP support team for further assistance.