How To Fix UCUW022 - List is only possible if elim. of IU profit/loss in assets is activated

SAP Error Message - Details

• Message type: E = Error

• Message class: UCUW -

• Message number: 022

• Message text: List is only possible if elim. of IU profit/loss in assets is activated

What causes this issue?

You requested a database list that displays the additional financial
data for the elimination of interunit profit/loss in transferred assets.
However, the settings for
<DS:GLOS.D5692F24DA2CD511BCBF0800060D9C68>consolidation area</> &V1&
show that this consolidation area does not use the elimination of
interunit profit/loss in transferred assets.

System Response

The database list will not be output.

How to fix this error?

Check whether you specified the correct consolidation area.

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 UCUW022 - List is only possible if elim. of IU profit/loss in assets is activated ?

  The SAP error message UCUW022 indicates that a list operation cannot be performed because the elimination of intercompany (IU) profit/loss in assets is not activated. This typically occurs in the context of intercompany transactions where profit or loss needs to be eliminated for accurate financial reporting.
  Cause:
  The error arises when you attempt to generate a report or list that requires the elimination of intercompany profit/loss in asset accounting, but this feature has not been activated in your system settings. This is often necessary in scenarios involving multiple company codes that engage in intercompany transactions.
  Solution:
  To resolve this error, you need to activate the elimination of intercompany profit/loss in assets. Here are the steps to do this:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Asset Accounting -> Integration with General Ledger Accounting -> Activate Elimination of Intercompany Profit/Loss in Assets.
  
  
  
  Activate the Feature:
  
  In the configuration settings, look for the option to activate the elimination of intercompany profit/loss.
  Ensure that the relevant settings are enabled for the company codes involved in intercompany transactions.
  
  
  
  Check Company Code Settings:
  
  Make sure that the company codes that are involved in intercompany transactions are properly configured to handle intercompany asset transactions.
  
  
  
  Test the Configuration:
  
  After making the changes, try to generate the list or report again to see if the error persists.
  
  
  
  Related Information:
  
  Intercompany Transactions: These are transactions that occur between different legal entities within the same corporate group. Proper handling of these transactions is crucial for accurate financial reporting.
  Asset Accounting (FI-AA): This module in SAP deals with the management of fixed assets, including acquisition, depreciation, and disposal.
  Profit and Loss Elimination: This is an accounting process that ensures that profits or losses from intercompany transactions do not inflate the consolidated financial statements of the group.
  
  If you continue to experience issues after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP documentation for further troubleshooting.