How To Fix 63343 - Input tax total is exceeded due to planned retirement of &

SAP Error Message - Details

• Message type: E = Error

• Message class: 63 - Messages for Real Estate Management

• Message number: 343

• Message text: Input tax total is exceeded due to planned retirement of &

What causes this issue?

You are trying to transfer the input tax for correction items. There is
a planned retirement for the input tax through&V1& for these correction
items. The sum of the transfer postings together with the planned
retirement exceed the available old input tax.

System Response

The system does not accept your entry.

How to fix this error?

Enter input tax to be transferred whose sum together with the planned
retirements of &V1& do not exceed the available old input tax.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 63343 - Input tax total is exceeded due to planned retirement of & ?

  The SAP error message 63343, which states "Input tax total is exceeded due to planned retirement of &," typically occurs in the context of tax calculations within the SAP system, particularly when dealing with input tax credits and planned retirements of assets.
  Cause:
  This error usually arises when the total input tax amount exceeds the allowable limit set in the system for a particular transaction or asset. The "planned retirement" part of the message indicates that the issue is related to the retirement of an asset, which may have tax implications. The system checks the input tax amounts against predefined thresholds or limits, and if the total exceeds these limits, the error is triggered.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Review Input Tax Amounts: Check the input tax amounts associated with the transaction or asset in question. Ensure that they are correctly entered and do not exceed the allowable limits.
  
  
  Check Configuration Settings: Review the configuration settings related to tax calculations in your SAP system. This includes checking the tax codes, tax rates, and any limits set for input tax credits.
  
  
  Asset Retirement Process: If the error is related to the retirement of an asset, ensure that the retirement process is correctly followed. Verify that all necessary documentation and approvals are in place.
  
  
  Adjust Limits: If the input tax amounts are valid and necessary, consider adjusting the limits in the system configuration to accommodate the higher amounts.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling input tax errors and asset retirement processes.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration and version.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide updates and patches.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset-related transactions.
  Tax Configuration: Understanding the tax configuration in your SAP system, including tax codes and settings in the Financial Accounting (FI) module, can help prevent similar issues in the future.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.