How To Fix UCF6849 - Specify the treatment of goodwill

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 849

• Message text: Specify the treatment of goodwill

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCF6849 - Specify the treatment of goodwill ?

  The SAP error message UCF6849, "Specify the treatment of goodwill," typically arises in the context of financial accounting and consolidation processes within SAP, particularly when dealing with business combinations and the treatment of goodwill in financial statements.
  Cause:
  This error usually occurs when the system requires a specification regarding how goodwill should be treated in the context of a consolidation or financial reporting process. Goodwill can arise from acquisitions and can be treated in different ways, such as:
  
  Full Goodwill: Recognizing the entire goodwill amount, including the portion attributable to non-controlling interests.
  Partial Goodwill: Recognizing only the portion of goodwill attributable to the controlling interest.
  
  If the system does not have a specified treatment for goodwill, it will trigger this error.
  Solution:
  To resolve the UCF6849 error, you need to specify the treatment of goodwill in the relevant configuration settings. Here are the steps you can take:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the relevant configuration area for financial accounting or consolidation (this may vary based on your SAP version).
  
  
  
  Specify Goodwill Treatment:
  
  Look for the settings related to business combinations or goodwill treatment.
  You may need to define whether you want to use full or partial goodwill.
  Ensure that the settings align with your organization's accounting policies and the applicable accounting standards (e.g., IFRS, GAAP).
  
  
  
  Check Master Data:
  
  Ensure that the master data for the entities involved in the consolidation is correctly set up, including any relevant settings for goodwill.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, run the consolidation or financial reporting process again to see if the error persists.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring goodwill treatment in your version of SAP.
  
  
  
  Seek Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial accounting and consolidation.
  
  
  
  Related Information:
  
  Goodwill Accounting: Understanding how goodwill is calculated and reported is crucial. Familiarize yourself with the relevant accounting standards that apply to your organization.
  SAP Notes: Check for any SAP Notes related to error UCF6849, as they may provide additional insights or patches that address the issue.
  Training and Resources: Consider training sessions or resources on SAP financial accounting and consolidation processes to better understand how to manage goodwill and related configurations.
  
  By following these steps, you should be able to resolve the UCF6849 error and ensure that the treatment of goodwill is correctly specified in your SAP system.