How To Fix 1E270 - Account &1 cannot be closed immediately due to inc. int. tax - batch

1E270 - Overview

• Message type: E = Error

• Message class: 1E - BCA: Account

• Message number: 270

• Message text: Account &1 cannot be closed immediately due to inc. int. tax - batch

What causes this issue?

Since calculation of interest income tax takes place in batch mode and
account &v1& is relevant for interest income tax, direct account
closure is not possible.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Make use of the closure run in end of day processing.
To do this, enter a closure date and balance the account by means of an
account balancing run. Then the account will be closed during the next
account closure run.

Error message extract from SAP system. Copyright SAP SE.

1E270 - Details

• The SAP error message 1E270 indicates that an account cannot be closed immediately due to the presence of incoming interest tax (inc. int. tax) related to a batch. This typically occurs in the context of financial accounting and can be related to various scenarios, such as closing periods or managing tax-related transactions.
  
  Cause:
  
  Open Transactions: There may be open transactions or postings that are still pending for the account in question, particularly related to incoming interest tax.
  Batch Processing: The error may arise during batch processing where certain transactions have not been fully processed or cleared.
  Tax Configuration: There may be issues with the configuration of tax codes or tax accounts that are preventing the closure of the account.
  Period Closing: The account may be part of a period that is being closed, but there are still transactions that need to be addressed.
  
  
  Solution:
  
  Check Open Items: Review the account for any open items or transactions that