How To Fix UCF6877 - Goodwill cannot be carried in local currency

UCF6877 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 877

• Message text: Goodwill cannot be carried in local currency

What causes this issue?

The <DS:GLOS.3526B7A1AFAB52B9E10000009B38F974>goodwill</> resulting for
investor &V1& cannot be carried in the local currency of the
<DS:GLOS.3526B7CEAFAB52B9E10000009B38F974>investee unit</> because the
exchange rate as per the date of acquisition cannot be determined for
this investor.

System Response

The goodwill will be carried in group currency.

How to fix this error?

A possible cause might be missing reported investment data from investor
&V1& with regards to the present activity.

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 UCF6877 - Goodwill cannot be carried in local currency ?

  The SAP error message UCF6877, which states "Goodwill cannot be carried in local currency," typically arises in the context of financial accounting and consolidation processes within SAP. This error indicates that there is an issue with how goodwill is being handled in terms of currency settings in the system.
  
  Cause:
  
  
  Currency Settings: The error often occurs when the system is trying to process goodwill in a local currency that is not allowed or not properly configured. This can happen if the local currency for the company code is not set up correctly or if the goodwill is being calculated in a currency that does not match the local currency settings.
  
  
  Goodwill Configuration: Goodwill may not be configured to be carried in the local currency in the system settings. This can happen if the settings for the asset accounting or the consolidation process do not allow for goodwill to be recorded in the local