How To Fix UCF6759 - Offsetting item for Other Comprehensive Income is not defined for &1

UCF6759 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 759

• Message text: Offsetting item for Other Comprehensive Income is not defined for &1

What causes this issue?

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 defined the item &V1& as the
item for Other Comprehensive Income.
However, you have not determined an offsetting item for item &V1& (that
is, an item 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 Other Comprehensive Income, add the missing
accounting object for item &V1& for the offsetting entry.
The offsetting items for posting Other Comprehensive Income in Total
Divestiture with an effect on income 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 UCF6759 - Offsetting item for Other Comprehensive Income is not defined for &1 ?

  The SAP error message UCF6759 indicates that there is an issue with the configuration of offsetting items for Other Comprehensive Income (OCI) in the system. This error typically arises when the system cannot find a defined offsetting item for a specific financial transaction related to OCI.
  
  Cause:
  The error occurs due to one of the following reasons:
  
  Missing Configuration: The offsetting item for Other Comprehensive Income has not been defined in the system for the specified account or transaction type.
  Incorrect Account Assignment: The account being used in the transaction does not have a corresponding offsetting item configured for OCI.
  Data Entry Error: There may be an error in the data entry that leads to the system not being able to find the appropriate offsetting item.
  
  
  Solution:
  To resolve the UCF6759 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for Financial Accounting (FI) in SAP.
  Navigate to the settings for Other Comprehensive Income and ensure