How To Fix UCF6783 - Specify an item for "Net Income, Negative Stockholders' Equity"

UCF6783 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 783

• Message text: Specify an item for "Net Income, Negative Stockholders' Equity"

What causes this issue?

In the Customizing settings for the appropriation of retained earnings
during consolidation of investments, no posting item is specified for
<ZK>Net Income, Negative Stockholders' Equity</>. The system requires
this balance sheet item to suppress a posting that affects earnings in
the event of an adjustment of the group value for net income to the
current group share if the stockholders' equity is negative.

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 the settings for consolidation of investments in Customizing for the
appropriation of retained earnings, enter a balance sheet item for <LS>
Net Income, Negative Stockholders' Equity</> on the <LS>Net Income</>
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 UCF6783 - Specify an item for "Net Income, Negative Stockholders' Equity" ?

  The SAP error message UCF6783, which states "Specify an item for 'Net Income, Negative Stockholders' Equity'," typically occurs in the context of financial reporting or when working with financial statements in SAP. This error indicates that the system requires a specific item to be defined for the calculation or reporting of net income when there is negative stockholders' equity.
  
  Cause:
  
  Missing Item Definition: The error usually arises when there is no specific item defined in the financial statement structure for net income or when the item is not properly linked to the stockholders' equity.
  Negative Stockholders' Equity: The system detects that stockholders' equity is negative, which can happen due to accumulated losses or other financial issues.
  
  Configuration Issues: There may be issues in the configuration of the financial statement version or the chart of accounts that prevent the system from correctly identifying the necessary items.
  
  
  Solution:
  
  
  Check Financial Statement Version:
  
  Go to the financial statement version configuration