How To Fix UCF6747 - Equity: Other comprehensive income: Item &1 is not an income stmt. item

UCF6747 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 747

• Message text: Equity: Other comprehensive income: Item &1 is not an income stmt. item

What causes this issue?

The items for the offsetting entry of the other comprehensive income in
total divestiture have to be in the income statement. However, item &V1&
is not an income statement 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 income statement items for the offsetting entry of the other
comprehensive income in total divestiture.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

UCF6747 - Details

• The SAP error message UCF6747, which states "Equity: Other comprehensive income: Item &1 is not an income stmt. item," typically occurs in the context of financial reporting, particularly when dealing with the equity section of financial statements. This error indicates that the system is expecting a specific item to be classified as an income statement item, but it is not recognized as such.
  
  Cause:
  
  Incorrect Configuration: The item in question (represented by &1) may not be properly configured in the system as an income statement item. This could be due to incorrect settings in the chart of accounts or financial statement version.
  Data Entry Error: There may be a mistake in how the item was entered or classified in the financial records.
  Missing Mapping: The item may not be mapped correctly to the income statement in the financial reporting structure.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the chart of accounts and ensure that the