cancel
Showing results for 
Search instead for 
Did you mean: 

error while releasing billing documents to accounting

Former Member
0 Kudos

while releasing billing documents to accounting following occured

Tax code in procedure TAXD 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

how will i solve the problem pls suggest me..

Accepted Solutions (0)

Answers (4)

Answers (4)

Former Member
0 Kudos

hi,

it only looks like your tax condition has been has assigned a wrong tax code while maintaining condition records at VK11 or not maintaned at all. Check at FTXP, if that tax code is identified under country for which you are creating the sales order.

regards

sadhu kishore

Lakshmipathi
Active Contributor
0 Kudos

Dear prasanta

Check in VF02 what tax code is flowing. Now go to VK13 / UTXJ and see whether you have maintained that tax code. If not, maintain it and then retry.

thanks

G. Lakshmipathi

Former Member
0 Kudos

Hello,

Check the tax code assigned to the condition type MWST in VK13. The error is because of the tax code whch is maintained there doesn't belong to tax procedure TAXD. Normally maintaining this is a finance job.

You may create a tax code (like X1,A0,A1...etc) by txn FTXP, input your country and taxcode and make it as out put tax.

Once you define your tax code, Go to VK12 and MWST, check the condition record maintianed and assign the tax code there.

Prase

Former Member
0 Kudos

Hi sahu

Use T Code FTXP to create the missing Tax code for the relevant country and then release to Account - it will go through

note: you are possibly using a tax code updated for thsi condition which is missing in Finance - this needs to be set up using FTXP

cheers

Nandu