How To Fix UCF6860 - Book value in local currency of the investee unit has been initialized

UCF6860 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 860

• Message text: Book value in local currency of the investee unit has been initialized

What causes this issue?

The book value of the investee unit can only be specified in the local
currency for the transactions
<DS:GLOS.3526B789AFAB52B9E10000009B38F974>first consolidation</>,
<DS:GLOS.3526B78AAFAB52B9E10000009B38F974>step acquisition</> and
<LS>change in equity</>.
A different activity is currently being processed.

System Response

The system will initialize the book value in the local currency of the
investee unit.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

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 UCF6860 - Book value in local currency of the investee unit has been initialized ?

  The SAP error message UCF6860 indicates that the book value in the local currency of the investee unit has been initialized. This typically occurs in the context of financial accounting and investment management within SAP, particularly when dealing with investments in subsidiaries or associated companies.
  
  Cause:
  The error message UCF6860 can arise due to several reasons, including:
  
  
  Initialization of Book Value: The book value for the investee unit has not been properly initialized or recorded in the system. This can happen if the investment was created without the necessary financial data being entered.
  
  
  Data Migration Issues: If data was migrated from another system or if there were changes in the configuration, the book value may not have been set correctly.
  
  
  Missing Configuration: The configuration settings for the investment management module may not be set up correctly, leading to issues in how book values are calculated or displayed.
  
  
  Currency Issues: There may be discrepancies in currency settings,