How To Fix ACR_KR_VAT002 - Company Code &1 is not defined for South Korea; Enter another one.

SAP Error Message - Details

• Message type: E = Error

• Message class: ACR_KR_VAT - South Korea VAT Reporting-ACR

• Message number: 002

• Message text: Company Code &1 is not defined for South Korea; Enter another one.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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 ACR_KR_VAT002 - Company Code &1 is not defined for South Korea; Enter another one. ?

  The SAP error message ACR_KR_VAT002 indicates that the company code you are trying to use is not defined for South Korea in the system. This error typically arises when you are attempting to process transactions that require a valid company code for South Korea, but the specified company code is either not set up correctly or is not recognized in the context of South Korean VAT regulations.
  Cause:
  
  Company Code Not Defined: The company code you are using is not defined in the system for South Korea.
  Incorrect Configuration: The company code may not have been configured properly in the SAP system to comply with South Korean tax regulations.
  Missing Country-Specific Settings: The necessary country-specific settings for South Korea may not have been maintained for the company code.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the SAP configuration settings and verify that the company code in question is defined for South Korea.
  You can check this in the following path: SPRO -> Enterprise Structure -> Definition -> Financial Accounting -> Define Company Code.
  
  
  
  Maintain Country-Specific Settings:
  
  Ensure that the company code has the necessary country-specific settings for South Korea. This includes VAT settings and other tax-related configurations.
  You can check this in the following path: SPRO -> Financial Accounting -> Financial Accounting Global Settings -> Tax on Sales/Purchases -> Basic Settings -> Define Tax Codes for Sales and Purchases.
  
  
  
  Assign Company Code to Country:
  
  Make sure that the company code is assigned to the correct country (South Korea) in the system.
  This can be done in the configuration settings where you define the company code and its associated country.
  
  
  
  Check User Input:
  
  Ensure that the user is entering the correct company code. Sometimes, a simple typographical error can lead to this message.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific requirements or configurations needed for South Korea.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance on configuring company codes for South Korea.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  Testing: After making the necessary changes, perform a test transaction to ensure that the error has been resolved.
  
  By following these steps, you should be able to resolve the error message ACR_KR_VAT002 and ensure that your company code is properly configured for South Korea.