How To Fix 62770 - Enter tax code with tax rate <> 0%

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 770

• Message text: Enter tax code with tax rate <> 0%

What causes this issue?

The tax code &v1& you have entered has a tax rate of 0%. The tax code
for the correction of the input tax deductible must have a tax rate not
equal to 0%.

System Response

The system does not accept your entry.

How to fix this error?

Enter the tax code intended for the correction of the input tax
deductible.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62770 - Enter tax code with tax rate <> 0% ?

  The SAP error message 62770, "Enter tax code with tax rate <> 0%," typically occurs when a user is trying to post a transaction that requires a tax code, but the tax code entered has a tax rate of 0%. This can happen in various scenarios, such as when creating invoices, purchase orders, or other financial documents that involve tax calculations.
  Cause:
  
  Incorrect Tax Code: The tax code entered is set to 0% in the system, which is not acceptable for the transaction being processed.
  Missing Tax Code: The transaction requires a tax code, but none has been entered.
  Configuration Issues: The tax codes may not be properly configured in the system, leading to the selection of an inappropriate tax code.
  
  Solution:
  
  Check Tax Code: Verify the tax code entered in the transaction. Ensure that it is a valid tax code with a non-zero tax rate.
  Select Appropriate Tax Code: If the tax code is incorrect, select a different tax code that has a tax rate greater than 0%.
  Review Tax Code Configuration: If you are unsure about the tax codes available, consult with your SAP configuration team to review the tax code settings in the system. Ensure that the tax codes are correctly defined in the system with appropriate rates.
  Consult Documentation: Refer to your organization's tax documentation or policies to ensure compliance with tax regulations.
  User Training: If users frequently encounter this error, consider providing training on how to select the correct tax codes during transaction processing.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBYZ (for tax code configuration) or FTXP (to maintain tax codes) to review or modify tax code settings.
  Tax Jurisdictions: Ensure that the tax codes are aligned with the relevant tax jurisdictions applicable to your business operations.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or updates related to tax code handling in your version of SAP.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting and tax configuration.