How To Fix UCFU035 - Asset &1: The original book values in local and group currency differ

SAP Error Message - Details

• Message type: E = Error

• Message class: UCFU - Messages for Assets/Liabilities

• Message number: 035

• Message text: Asset &1: The original book values in local and group currency differ

What causes this issue?

The acquisition book values in local and group currency differ, even
though the local and group currency keys are the same.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

If necessary, adjust the acquisition book values.

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 UCFU035 - Asset &1: The original book values in local and group currency differ ?

  The SAP error message UCFU035 indicates that there is a discrepancy between the original book values of an asset in local currency and group currency. This typically occurs in the context of asset accounting when the values recorded in the local currency do not match the values in the group currency due to various reasons, such as currency translation differences, incorrect configuration, or data entry errors.
  Causes:
  
  Currency Translation Issues: If the exchange rates used for translating local currency to group currency are not correctly maintained or updated, it can lead to discrepancies.
  Incorrect Configuration: The asset accounting configuration may not be set up correctly, particularly in relation to currency settings.
  Data Entry Errors: Manual entries or adjustments made to asset values may not have been consistently applied in both currencies.
  Posting Errors: Incorrect postings or adjustments that affect only one currency can lead to mismatches.
  Changes in Exchange Rates: If exchange rates change after the asset has been posted, it may lead to differences in valuation.
  
  Solutions:
  
  Check Exchange Rates: Ensure that the exchange rates for the relevant currencies are correctly maintained in the system. You can do this by navigating to the transaction code OB08 to review and update exchange rates.
  Review Asset Master Data: Check the asset master data for any inconsistencies in the currency settings. Ensure that the local and group currency settings are correctly configured.
  Reconcile Values: Perform a reconciliation of the asset values in both local and group currencies. This may involve reviewing the asset history and identifying any discrepancies.
  Adjustments: If discrepancies are found, you may need to make adjustments to the asset values to ensure they match in both currencies. This can involve posting adjustments or corrections.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance on handling this error in your system context.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS02 (Change Asset), AS03 (Display Asset), and AW01 (Asset Explorer) to manage and review asset data.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address known issues.
  User Roles: Ensure that users have the appropriate roles and authorizations to make changes to asset accounting data, as this can impact the ability to resolve discrepancies.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support or a consultant who specializes in asset accounting for further assistance.