How To Fix UCFT615 - Entries for elimination of IU profit/loss in assets are being ignored

SAP Error Message - Details

• Message type: E = Error

• Message class: UCFT - Messages for Data Entry

• Message number: 615

• Message text: Entries for elimination of IU profit/loss in assets are being ignored

What causes this issue?

The data collection method performs data collection for
<DS:GLOS.0189DD39EDFCC240BE33AAFA9689BCF8>elimination of IU profit/loss
in transferred assets</>(IPA) either manually or with flexible uploads.
However, IPA has not been activated in the
<DS:GLOS.D5692F24DA2CD511BCBF0800060D9C68>consolidation area</>.
Therefore, IPA data cannot be collected, either manually or with
flexible uploads.

System Response

The system will not display the entries in the method definition that
concern elimination of interunit profit/loss in transferred assets.

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 UCFT615 - Entries for elimination of IU profit/loss in assets are being ignored ?

  The SAP error message UCFT615 indicates that there are entries for the elimination of intercompany (IU) profit/loss in assets that are being ignored during the processing of financial transactions. This typically occurs in the context of intercompany transactions where profit or loss needs to be eliminated for accurate financial reporting.
  
  Cause:
  
  Missing Configuration: The system may not be properly configured to handle intercompany eliminations for asset transactions.
  Incorrect Settings: The settings for the intercompany profit/loss elimination may not be correctly defined in the system.
  Data Issues: There may be inconsistencies or missing data in the asset master records or in the intercompany transaction data.
  Transaction Type: The type of transaction being processed may not be eligible for profit/loss elimination.
  Posting Period: The posting period may be closed or not open for the transactions being processed.
  
  
  Solution:
  
  Check Configuration: Review the configuration settings for intercompany profit/loss elimination in the SAP system. Ensure that the necessary settings are in place