How To Fix UCFA015 - Selected items (master data): "Clearing - Balance Sheet" not specified

SAP Error Message - Details

• Message type: E = Error

• Message class: UCFA - Messages for Elim. of IU Profit/Loss in Transferred Assets

• Message number: 015

• Message text: Selected items (master data): "Clearing - Balance Sheet" not specified

What causes this issue?

Selected items (master data): "Clearing - Balance Sheet" not specified

System Response

You have not entered a "Clearing - Balance Sheet" item under <ZK>Master
Data -> Items -> Selected Items</>. However, this item is necessary to
run the elimination of IU profit/loss in transferred assets in legacy
data transfer.

How to fix this error?

Define the "Clearing - Balance Sheet" item (in the selected items or the
elimination of interunit profit or loss document type).

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 UCFA015 - Selected items (master data): "Clearing - Balance Sheet" not specified ?

  The SAP error message UCFA015 indicates that there is an issue with the configuration of the clearing account for balance sheet items in the context of the Universal Journal (Universal Financial Accounting). This error typically arises when you are trying to post a transaction that requires a clearing account, but the system cannot find a specified clearing account for the selected items.
  Cause:
  
  Missing Configuration: The clearing account for the balance sheet items has not been defined in the system.
  Incorrect Master Data: The master data for the relevant accounts may not be set up correctly, leading to the system being unable to determine the appropriate clearing account.
  Account Type Issues: The account type may not be compatible with the transaction being processed, or it may not be set up to allow clearing.
  Transaction Type: The transaction type being used may not be configured to use a clearing account.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the relevant financial accounting area (e.g., via SPRO).
  Navigate to the section for defining clearing accounts and ensure that the necessary clearing accounts for balance sheet items are specified.
  
  
  
  Review Master Data:
  
  Check the master data for the accounts involved in the transaction. Ensure that the accounts are correctly set up and that the clearing account is specified.
  You can do this by using transaction codes like FS00 (to display/change G/L account master data) and ensuring that the "Clearing Account" field is filled in.
  
  
  
  Account Type Verification:
  
  Ensure that the account types are correctly defined and that they allow for clearing. This can be checked in the account master data.
  
  
  
  Transaction Type Configuration:
  
  Verify that the transaction type being used is configured to utilize a clearing account. This may involve checking the settings in the relevant financial accounting configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on the configuration of clearing accounts and related settings.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error does not reoccur.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FS00 (G/L Account Master Data), SPRO (Customizing), and others that may be relevant to your specific configuration.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Roles and Authorizations: Ensure that the user attempting the transaction has the necessary authorizations to access and modify the relevant configurations.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Accounting.