How To Fix 62663 - Input tax adj. not possible for assets under construction

62663 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 663

• Message text: Input tax adj. not possible for assets under construction

What causes this issue?

An input tax revision cannot be applied to assets under construction.

System Response

The system rejects your entry.

How to fix this error?

Correct your entry and enter a valid tax phase.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62663 - Input tax adj. not possible for assets under construction ?

  The SAP error message 62663, "Input tax adjustment not possible for assets under construction," typically occurs in the context of asset accounting when there is an attempt to adjust input tax for an asset that is still under construction (AUC). This error is related to the handling of input tax in the context of VAT (Value Added Tax) and asset management.
  
  Cause:
  
  Asset Under Construction (AUC): The error arises because input tax adjustments are not allowed for assets that are classified as under construction. This is due to the fact that the asset is not yet completed and therefore not ready for use.
  Tax Configuration: The tax configuration in the system may not allow for input tax adjustments on AUCs, as they are typically capitalized only once the asset is completed and put into service.
  Posting Errors: There may be an attempt to post an invoice or adjustment that incorrectly references an AUC instead