G0675 - Sign change for goodwill/negative goodwill in activity &2

SAP Error Message - Details

• Message type: E = Error

• Message class: G0 - Messages for SAP Consolidation

• Message number: 675

• Message text: Sign change for goodwill/negative goodwill in activity &2

What causes this issue?

The transfer of investee unit &V1& in activity &V2& leads to a sign
change of the existing goodwill.

System Response

Investee unit &V1& has two upper units: In the previous activity &V3&
goodwill was created for the one upper unit, and negative goodwill was
created for the other upper unit.
For each of the two upper units a transfer to a third upper unit is
taking place in the current period.
You can use the activity sequence to determine how to treat the new
differential incurred for both activities: either as a goodwill or as a
negative goodwill item.

How to fix this error?

Please correct the sequence of the transfer activities.

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message G0675 - Sign change for goodwill/negative goodwill in activity &2 ?

  The SAP error message G0675, which states "Sign change for goodwill/negative goodwill in activity &2," typically occurs in the context of financial accounting and asset management, particularly when dealing with goodwill or negative goodwill during the posting of transactions.
  Cause:
  This error usually arises when there is an inconsistency in the accounting entries related to goodwill or negative goodwill. The specific causes can include:
  
  Incorrect Configuration: The settings for goodwill or negative goodwill in the system may not be configured correctly.
  Posting Errors: There may be a posting that attempts to change the sign of goodwill or negative goodwill in a way that is not allowed by the accounting principles or the system's configuration.
  Transaction Type Issues: The transaction type being used may not be compatible with the expected accounting treatment for goodwill or negative goodwill.
  Data Entry Errors: Manual entries that incorrectly reflect the nature of the transaction can lead to this error.
  
  Solution:
  To resolve the G0675 error, you can take the following steps:
  
  
  Review Configuration: Check the configuration settings for goodwill and negative goodwill in the SAP system. Ensure that they are set up according to the accounting standards and business requirements.
  
  
  Analyze the Transaction: Look at the specific activity (indicated by &2 in the error message) that triggered the error. Review the details of the transaction to ensure that it is being posted correctly.
  
  
  Check Posting Rules: Ensure that the posting rules for the transaction type being used are appropriate for the nature of the goodwill or negative goodwill being recorded.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for guidance on handling goodwill and negative goodwill transactions.
  
  
  Test in a Sandbox: If possible, replicate the transaction in a test environment to see if the error can be reproduced and to identify the specific conditions that lead to the error.
  
  
  Seek Expert Help: If the issue persists, consider consulting with an SAP FI (Financial Accounting) consultant or your internal SAP support team for further analysis and resolution.
  
  
  Related Information:
  
  Goodwill Accounting: Goodwill is an intangible asset that arises when a company acquires another company for more than the fair value of its net identifiable assets. Negative goodwill occurs when the purchase price is less than the fair value of the net assets acquired.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its system with notes that address specific error messages and their resolutions.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with asset accounting and financial postings, such as AS01 (Create Asset), AS02 (Change Asset), and others.
  
  By following these steps and understanding the context of the error, you should be able to identify and resolve the issue related to the G0675 error message in SAP.