How To Fix UCF6784 - Specify an item for "Net Income - Step Acquisition"

UCF6784 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 784

• Message text: Specify an item for "Net Income - Step Acquisition"

What causes this issue?

In Customizing for consolidation of investments, you have not specified
the posting item for <LS>Net Income - Step Acquisition</> under <LS>
Appropriation of Retained Earnings -> Net Income</>.

System Response

Instead, the system uses the <LS>Clearing: Consolidation of Investments
</> item to post the differential in a step acquisition or an increase
in indirect investment as an equity transaction.

How to fix this error?

Add the missing setting in Customizing for consolidation of investments.

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 UCF6784 - Specify an item for "Net Income - Step Acquisition" ?

  The SAP error message UCF6784, which states "Specify an item for 'Net Income - Step Acquisition'," typically occurs in the context of financial reporting or consolidation processes, particularly when dealing with step acquisitions in financial statements. A step acquisition refers to the process of acquiring a controlling interest in a company over multiple transactions rather than in a single transaction.
  
  Cause:
  The error usually arises when the system expects a specific financial item or account to be defined for the "Net Income - Step Acquisition" but does not find it. This can happen due to several reasons:
  
  Missing Configuration: The financial statement or report configuration may not have the necessary items defined for step acquisitions.
  Incorrect Mapping: The mapping of accounts in the consolidation or reporting settings may be incorrect or incomplete.
  Data Entry Issues: There may be missing or incorrect entries in the relevant financial documents or reports that are being processed.
  
  
  Solution:
  To resolve the