How To Fix UCF6888 - Begin of amortization is not permitted

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 888

• Message text: Begin of amortization is not permitted

What causes this issue?

The begin of amortization is not permitted for the goodwill treatment
<LS>impairment charge</>.

System Response

The data record cannot be processed.

How to fix this error?

Either delete the begin of amortization or choose a different treatment
for 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 UCF6888 - Begin of amortization is not permitted ?

  The SAP error message UCF6888, "Begin of amortization is not permitted," typically occurs in the context of asset accounting when there is an attempt to start the amortization of an asset that does not meet the necessary conditions. Here are the potential causes, solutions, and related information for this error:
  Causes:
  
  Incorrect Asset Status: The asset may not be in a status that allows for amortization to begin. For example, the asset might be in a "not yet capitalized" status.
  Amortization Start Date: The start date for amortization may be set incorrectly. It could be before the asset acquisition date or after the asset has been disposed of.
  Asset Class Settings: The asset class may have specific settings that prevent amortization from starting, such as restrictions on the type of asset or the method of depreciation.
  Missing Master Data: Required master data for the asset may be incomplete or incorrect, such as missing useful life or depreciation keys.
  Period Closing: The period in which you are trying to start amortization may be closed, preventing any changes to asset values.
  
  Solutions:
  
  Check Asset Status: Verify the status of the asset in the Asset Accounting module. Ensure that it is in a status that allows for amortization.
  Review Amortization Start Date: Ensure that the amortization start date is set correctly. It should be on or after the acquisition date and before any disposal date.
  Verify Asset Class Settings: Check the settings for the asset class to ensure that it allows for amortization. You may need to consult with your SAP administrator or financial team.
  Complete Master Data: Ensure that all required master data for the asset is complete and accurate. This includes useful life, depreciation methods, and any other relevant fields.
  Open Periods: If the period is closed, you may need to open it or wait until the next open period to start the amortization.
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset data.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Documentation: Refer to SAP documentation on Asset Accounting for detailed information on asset management and amortization processes.
  Consulting with SAP Support: If the issue persists, consider reaching out to SAP support for assistance, especially if it involves complex configurations or customizations.
  
  By addressing the above causes and implementing the suggested solutions, you should be able to resolve the UCF6888 error and successfully start the amortization process for the asset in question.