How To Fix UCF6825 - Entry of a future incurrence of goodwill is not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 825

• Message text: Entry of a future incurrence of goodwill is not possible

What causes this issue?

You have entered for the incurrence of
<DS:GLOS.3526B7A1AFAB52B9E10000009B38F974>goodwill</> a year or period
that occurs in the future. This is not permitted.

System Response

The system terminates processing.

How to fix this error?

Enter an earlier period or year for the incurrence of goodwill.

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 UCF6825 - Entry of a future incurrence of goodwill is not possible ?

  The SAP error message UCF6825, which states "Entry of a future incurrence of goodwill is not possible," typically occurs in the context of financial accounting and asset management within the SAP system. This error is related to the handling of goodwill in the context of mergers, acquisitions, or other business combinations.
  Cause:
  The error arises when a user attempts to post or record goodwill that is dated in the future. In SAP, goodwill is usually recorded at the time of the acquisition, and future postings are not allowed because they do not align with the accounting principles and practices that govern the recognition of goodwill.
  Solution:
  To resolve this error, you should:
  
  
  Check the Posting Date: Ensure that the posting date for the goodwill entry is set to a date that is not in the future. The date should be the actual date of the transaction or acquisition.
  
  
  Review the Transaction: Verify that you are entering the goodwill in the correct context and that all necessary prerequisites for the transaction are met.
  
  
  Consult Documentation: Refer to your organization's accounting policies regarding goodwill and ensure compliance with relevant accounting standards (e.g., IFRS, GAAP).
  
  
  System Configuration: If you believe the error is due to a system configuration issue, consult with your SAP Basis or Financial Accounting team to ensure that the system settings are correct.
  
  
  User Authorization: Ensure that you have the necessary permissions to make entries related to goodwill.
  
  
  Seek Help from SAP Support: If the issue persists and you cannot identify the cause, consider reaching out to SAP support or your internal SAP helpdesk for further assistance.
  
  
  Related Information:
  
  
  Goodwill Accounting: Goodwill is an intangible asset that arises when a company acquires another company for more than the fair value of its net identifiable assets. It is important to understand how goodwill is calculated and recorded in financial statements.
  
  
  SAP Modules: This error is typically encountered in modules such as SAP FI (Financial Accounting) and SAP CO (Controlling).
  
  
  Documentation and Training: Familiarize yourself with SAP documentation related to asset accounting and goodwill management. Training sessions or workshops may also be beneficial.
  
  
  By addressing the posting date and ensuring compliance with accounting standards, you should be able to resolve the UCF6825 error effectively.