How To Fix UCS0240 - Task hierarchy is incomplete with respect to period initialization

SAP Error Message - Details

• Message type: E = Error

• Message class: UCS0 - Messages for Status Management

• Message number: 240

• Message text: Task hierarchy is incomplete with respect to period initialization

What causes this issue?

The "Adjustment of Deferred Taxes" function requires at least one task
of type <ZK>period initialization</> for each of the following posting
levels:
Adjustment and standardizing entries (adjustment of deferred taxes and
automatic inversion of documents on posting levels 01 and 10)
Other posting levels (adjustment of deferred taxes on posting level 30
and automatic inversion of documents on posting levels 20 and 30)
Two-sided elimination (adjustment of deferred taxes only on posting
level 20, no automatic inversion of documents)
A period initialization task with the setting <LS>All Posting Levels</>
only performs automatic inversion of documents; it does not post
adjustments of deferred taxes.

System Response

The task hierarchy contains errors. It can be saved with a warning, but
the consolidation monitor cannot be started.

How to fix this error?

If you do not intend to use the "Adjustment of Deferred Taxes" function,
deactivate it in the settings of the consolidation area you are using.
Otherwise, you have to add at least one task of type <ZK>period
initialization</> to the task hierarchy for each of the posting levels
mentioned above.

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.