How To Fix 68061 - Memo record is intended for withholding amount

68061 - Overview

• Message type: E = Error

• Message class: 68 - Message for DARWIN Loans (continued)

• Message number: 061

• Message text: Memo record is intended for withholding amount

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 68061 - Memo record is intended for withholding amount ?

  The SAP error message "68061 Memo record is intended for withholding amount" typically occurs in the context of financial transactions, particularly when dealing with withholding tax calculations in SAP. This error indicates that there is a mismatch or an issue with the memo record that is supposed to handle withholding amounts.
  
  Cause:
  
  Incorrect Configuration: The withholding tax configuration in the system may not be set up correctly. This includes settings related to tax codes, tax types, or the assignment of withholding tax types to vendors or customers.
  Missing Data: The necessary data for calculating withholding tax may be missing or incomplete. This could include vendor master data or transaction data.
  Transaction Type: The transaction type being processed may not be compatible with the withholding tax settings.
  Memo Record Issues: The memo record itself may not be correctly defined or may not correspond to the expected withholding amount.
  
  
  Solution:
  
  Check Configuration: Review the withholding tax configuration in the