How To Fix UCF6758 - Offsetting items for Other Comprehensive Income are not defined

UCF6758 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 758

• Message text: Offsetting items for Other Comprehensive Income are not defined

What causes this issue?

You have activated the <LS>Other Comprehensive Income in Total
Divestiture</> function in system utilization of investments.
However, you have not determined any offsetting items (that is, any
items used for the offsetting entry for posting Other Comprehensive
Income with an effect on net income).

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?

In Customizing for <LS>Equity</>, (in the Consolidation Workbench
(Transaction UCWB) in the entry <LS>Consolidation Functions ->
Consolidation of Investments -> Settings -> Equity</>) on the <LS>Other
Comprehensive Income</> tab page, you have to assign additional items
for offsetting posting to the items for other comprehensive income.
The offsetting items for posting Other Comprehensive Income in Total
Divestiture with an effect on income in total divestitures can be found
either on the balance sheet or on the income statement. You do not
necessarily have to assign various offsetting items to the different
items for other comprehensive income. You can also select the same
offsetting item for debit and credit entries.

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 UCF6758 - Offsetting items for Other Comprehensive Income are not defined ?

  The SAP error message UCF6758, which states "Offsetting items for Other Comprehensive Income are not defined," typically occurs in the context of financial reporting and accounting within SAP systems, particularly when dealing with Other Comprehensive Income (OCI) items. This error indicates that the system cannot find the necessary configuration for offsetting items related to OCI.
  
  Cause:
  
  
  Missing Configuration: The primary cause of this error is that the necessary configuration for offsetting items related to Other Comprehensive Income has not been set up in the system. This could involve missing definitions for specific accounts or categories that should be used to offset OCI items.
  
  
  Incorrect Account Assignment: There may be an issue with how accounts are assigned in the financial statements or in the configuration of the financial reporting module.
  
  
  Data Entry Errors: Sometimes, the error can arise from incorrect data entry or missing data in the relevant financial documents.
  
  
  
  Solution:
  To resolve the UCF6758 error, you