the accounting data is not generated in Billing

[Former Member]

the accounting data is not generated

i ve laready maintained the procedure

my tax procedure for india is TXNTFI(this is near to TAXINN)

and i ve generated 2 tax codes A0 and and A1

Tax code in procedure TXNTFI is invalid

Message no. FICORE704

Diagnosis

The tax code entered is not defined in the country for this company code.

System Response

Procedure

Check and, if necessary, correct the entry.

Procedure for System Administration

If it is not an input error, check and possibly change the system settings.

To do this, choose Maintain entries (F5).

1. Check whether the required tax determination procedure is assigned to the relevant country. the Procedure field is in the detail screen.

2. Create a new tax code if required.

Message was edited by:

subrat panda

[Former Member · Accepted solution]

Hi Subrat Panda,

the tax code is not picking for your procedure.

Please check the same in FTXP Transaction and hope aware that Tax Code is Country Specific. Please check your Tax Code and also take your FI/CO consultant help in assigning FI Related Assignments in Tax Code.

Please Reward If Really Helpful,

Thanks and Regards,

Sateesh.Kandula

[Former Member · Accepted solution]

some FI problem is there also let me check and i ll get back to u all

thanks a lot

Message was edited by:

subrat panda

[Former Member · Accepted solution]

Hi Saurabh,

This error message means that your GL Account is not setup to accept sales/purchase taxes. Kindly check the GL account Tax setup in FS00. Is it having a tax entry ( + or * ).

If not, maintain the required entry (+ for sales tax, - for purchase tax and * for all taxes)

Your document will be posted, thereafter.

Thanks

Kapil Sharma

[Former Member]

Hi Subrat

Check the following settings

To create a bill, you require billing documents from the Contract Billing (IS-U-BI) component. The billing procedure used is not relevant to bill creation. For example, billing documents produced by manual billing, by final billing resulting from move-in/out, and by automatic periodic billing can all be invoiced. Correction bills and credit memos can also be invoiced.

In invoicing, billing documents are transferred to an accounting document in the Contract Accounts Receivable and Payable (FI-CA) component.

Prerequisites

You must define the general settings for creating a posting in FI-CA.

You must establish the following additional settings in Customizing for invoicing of billing documents: Choose Financial Accounting -- Contract Accounts Receivable and Payable --- Basic Functions --- Postings and Documents --- Document.

· Maintain the entries for documents to be invoiced. You can enter specifications for the bill documents, clearing documents, and interest documents that result from invoicing. To do this choose Maintain Document Assignments -Document Types- Maintain Default Document Types for Invoicing.

· To be able to invoice billing documents, you must maintain transactions. You must maintain transactions for billing. Choose Maintain Document Assignments ---Maintain Transactions for IS-U/IS-T ---Maintain Transactions for Billing. You must then allocate the internal transactions of the billing. They must be allocated to the billing transactions for which the internal sub-transactions have the values 0010 and 0020.

· To enable automatic account determination for postings in invoicing, you must maintain the account assignment data for the main transactions of the billing. Choose Define Account Assignments for Automatic Postings --- Automatic G/L Account Determination ---IS-U: Define Account Assignment Data Relevant to Main Transactions. In addition to this you must maintain the account assignment data for the billing transactions. Choose Define Account Assignments for Automatic Postings ---Automatic G/L Account Determination ---IS-U: Define Account Assignment Data Relevant to Transactions. In conjunction with the appropriate main billing transactions, there are two special sub-transactions in invoicing for summarization. These are the internal transactions 0010 (for receivables) and 0020 (for credits). You must also allocate the external transactions to these internal transactions. However, you do not need to enter them in the account determination tables because they are not used for automatic account determination.

Reward if useful to u

[Former Member]

Hi subrat,

I know its a silly question but did you assigned your tax procedure to country code IN in the customization. As you are saying that your Tax code A0 & A1 are both defined for your procedure so the tax code not existing error should only come if the TAXINN is assigned to IN country and that does not contains A0 & A1. Because if TAXINN is assigned then SAP will determine TAX codes from TAXINN and not TXNTFI.

Thanks

Kapil Sharma