How To Fix 60212 - For residential lease-outs, sales tax code must be &


60212 - Overview

  • Message type: E = Error

  • Message class: 60 - Real Estate

  • Message number: 212

  • Message text: For residential lease-outs, sales tax code must be &

  • Show details Hide details
  • What causes this issue?

    Tax on sales/purchases cannot be debited for residential rental
    agreements. However, each one must have an indicator which contains a
    percentage rate of 0.

    System Response

    The indicator is set by the system.

    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message 60212 - For residential lease-outs, sales tax code must be & ?
    The SAP error message 60212, which states "For residential lease-outs, sales tax code must be &," typically occurs in the context of managing residential lease contracts in SAP, particularly when dealing with sales tax codes for lease transactions.
    
    Cause: This error is triggered when a residential lease-out transaction is processed without the appropriate sales tax code being specified. In SAP, certain transactions require specific sales tax codes to ensure compliance with tax regulations. For residential lease-outs, the system expects a specific sales tax code (often denoted by "&") to be assigned to the transaction.
    Solution: To resolve this error, you can take the following steps: Check the Sales Tax Code: Ensure that the sales tax code for the residential lease-out is correctly set in the transaction. You may need to consult your tax configuration or accounting department to determine the correct code. Update the Lease Contract: If the sales tax code is missing or incorrect, update

    Already have an account? Login here!




Instant HelpGet instant SAP help. Sign up for our Free Essentials Plan.


Related SAP Error Messages

Click the links below to see the following related messages:

Click on this link to search all SAP messages.


Rating
The AI Support Assistant is great. It provides comprehensive assistance even on the most difficult issues. I highly recommend this service.
Rate 1
John Jordan
SAP Consultant & Author