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the accounting data is not generated in Billing

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
Former Member replied

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

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