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

SAP Error Message - Details

• 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, such as the local currency not being defined or not matching the expected values.
  
  
  Solution:
  To resolve the UCF6860 error, you can take the following steps:
  
  
  Check Initialization: Ensure that the book value for the investee unit has been initialized correctly. You may need to enter or update the financial data for the investment.
  
  
  Review Data Migration: If the issue arose after a data migration, verify that all necessary financial data was transferred correctly. You may need to re-import or correct the data.
  
  
  Configuration Review: Check the configuration settings in the SAP system related to investment management. Ensure that all necessary parameters are set up correctly, including currency settings.
  
  
  Transaction Codes: Use relevant transaction codes (such as OAC0 for asset accounting) to check and update the asset master data and ensure that the book value is correctly recorded.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error message. The SAP Notes and Knowledge Base Articles may provide additional insights.
  
  
  Contact Support: If the issue persists after trying the above steps, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes related to asset accounting and investment management, such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset).
  SAP Notes: Search for SAP Notes related to UCF6860 for any patches or updates that may address this specific error.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the UCF6860 error and implement the necessary solutions to resolve it.