How To Fix 67718 - Gross amount and percentage rate could not be determined

67718 - Overview

• Message type: E = Error

• Message class: 67 - Loans Messages - Financial Assets Management

• Message number: 718

• Message text: Gross amount and percentage rate could not be determined

What causes this issue?

The gross amount and the percentage rate could not be calculated for
the net amount entered.

System Response

When you press 'return' the system will recalculate the net amount on
the basis of the percentage rate displayed.

How to fix this error?

Check the result. To arrive at the required net amount, you can try
adjusting the net amount slightly. The gross amount can then be
determined and then adjusted to produce the required net amount.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67718 - Gross amount and percentage rate could not be determined ?

  The SAP error message 67718, which states "Gross amount and percentage rate could not be determined," typically occurs in the context of financial transactions, particularly when dealing with tax calculations or pricing conditions in sales and distribution (SD) or materials management (MM) modules. This error indicates that the system is unable to calculate the gross amount or the applicable percentage rate for a transaction.
  Causes:
  
  
  Missing Tax Configuration: The tax codes or tax rates may not be properly configured in the system. This can happen if the tax codes are not assigned to the relevant company codes or if the tax rates are not defined for the specific jurisdiction.
  
  
  Incomplete Master Data: The master data for customers, vendors, or materials may be incomplete or incorrect. For example, if a customer master record does not have the necessary tax information, the system cannot determine the gross amount.
  
  
  Incorrect Condition Records: In the pricing procedure, if