How To Fix UCF6754 - Proposed entry for goodwill is obsolete (see long text)

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 754

• Message text: Proposed entry for goodwill is obsolete (see long text)

What causes this issue?

A manual goodwill entry for future consolidation periods for
consolidation of investments exists for the following characteristic
values:
Activity: &v3& &v4&
Consolidation group: &v1&
Investee unit: &v2&
You have already entered an extraordinary valuation allowance for this
future goodwill entry, although there is no corresponding goodwill entry
for the current consolidation period.

System Response

The obsolete goodwill entry proposed is <ZH>not</> deleted automatically
.

How to fix this error?

Before you execute the consolidation of investments for the next
consolidation period in update mode, check the manual goodwill entry for
the next consolidation period, and delete it if required.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCF6754 - Proposed entry for goodwill is obsolete (see long text) ?

  The SAP error message UCF6754, which states "Proposed entry for goodwill is obsolete (see long text)," typically occurs in the context of financial accounting, particularly when dealing with goodwill entries in the SAP system. This error indicates that the system has identified a proposed entry for goodwill that is no longer valid or applicable.
  Cause:
  
  Obsolete Goodwill Entries: The proposed entry for goodwill may refer to an asset or a transaction that has been marked as obsolete or has been removed from the system.
  Changes in Accounting Standards: Changes in accounting regulations or standards may render certain goodwill entries obsolete.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies or outdated entries that are causing this error.
  Configuration Issues: Incorrect configuration in the financial accounting module may lead to the system not recognizing valid goodwill entries.
  
  Solution:
  
  Review Goodwill Entries: Check the specific goodwill entries that are causing the error. You can do this by navigating to the relevant transaction or report in SAP that deals with goodwill.
  Update or Remove Obsolete Entries: If the entries are indeed obsolete, you may need to remove them or update them to reflect the current accounting standards.
  Consult Long Text: The error message suggests checking the long text for more details. This can provide specific guidance on what is causing the issue and how to resolve it.
  Check Configuration: Review the configuration settings in the Financial Accounting module to ensure that they are set up correctly for handling goodwill.
  Data Consistency Check: Run data consistency checks to identify any discrepancies in the financial data that may be causing the error.
  Consult SAP Notes: Look for relevant SAP Notes or documentation that may address this specific error message. SAP frequently updates its knowledge base with solutions for common issues.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes related to goodwill accounting, such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset).
  SAP Help Portal: Utilize the SAP Help Portal for documentation on financial accounting and goodwill management.
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed, and solutions shared.
  Consult with SAP Support: If the issue persists, consider reaching out to SAP support for assistance, especially if it involves complex configurations or data issues.
  
  By following these steps, you should be able to identify the cause of the UCF6754 error and implement a solution to resolve it.