How To Fix 63123 - Only input tax adjustment permitted in current calendar year

SAP Error Message - Details

• Message type: E = Error

• Message class: 63 - Messages for Real Estate Management

• Message number: 123

• Message text: Only input tax adjustment permitted in current calendar year

What causes this issue?

The date of initial usage is in the current calendar year. The
correction items can only enter the input tax adjustment phase.

System Response

The system does not accept your entry.

How to fix this error?

Verify your entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 63123 - Only input tax adjustment permitted in current calendar year ?

  The SAP error message 63123, "Only input tax adjustment permitted in current calendar year," typically occurs in the context of tax adjustments in the SAP system, particularly when dealing with VAT (Value Added Tax) or sales tax. This error indicates that the system is preventing certain types of tax adjustments because they are not allowed for the specified period.
  Cause:
  
  Calendar Year Limitation: The error arises when a user attempts to make a tax adjustment (like a correction or reversal) for a period that is outside the current calendar year. SAP restricts certain adjustments to ensure compliance with tax regulations.
  Tax Reporting Period: The system may be configured to only allow adjustments for the current fiscal year, and any attempts to adjust prior periods may trigger this error.
  Configuration Settings: The settings in the tax configuration may restrict adjustments based on the fiscal year or other criteria.
  
  Solution:
  
  Check the Period: Ensure that the adjustment you are trying to make is for the current calendar year. If it is for a previous year, you may need to follow a different process to correct the tax entries.
  Use Input Tax Adjustment: If you are trying to adjust input tax, ensure that you are following the correct procedure for input tax adjustments, as these may be allowed even for previous periods under certain conditions.
  Consult Tax Regulations: Review the local tax regulations to understand the rules regarding tax adjustments. Some jurisdictions may have specific requirements for making adjustments in prior periods.
  Configuration Review: If you have the necessary permissions, review the configuration settings in SAP related to tax adjustments. You may need to consult with your SAP administrator or a tax consultant to ensure that the settings align with your business needs and compliance requirements.
  Use Special Transactions: In some cases, SAP may have specific transactions or processes for handling adjustments in prior periods. Consult your SAP documentation or support team for guidance on the appropriate transactions to use.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any updates or specific guidance related to error message 63123. SAP frequently releases notes that address known issues or provide additional configuration guidance.
  Documentation: Review the SAP documentation related to tax management and adjustments to ensure you are following the correct procedures.
  User Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed. Other users may have encountered the same error and can provide insights or solutions.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP tax configuration for further assistance.