How To Fix EK498 - Check: Tax code for cash security deposits

EK498 - Overview

• Message type: E = Error

• Message class: EK - IS-U Accounts Receivable and Payable

• Message number: 498

• Message text: Check: Tax code for cash security deposits

What causes this issue?

The system is checking if a tax code has been maintained in the account
assignment data for cash security deposit requests.

System Response

According to the general settings for security deposits, security
deposits are posted with taxes. However the account assignment data
does not contain a tax code. The cash security deposits cannot be
posted.

How to fix this error?

If you post cash security deposits without taxes, you have to reset the
indicator that cash security deposits are posted with taxes. Otherwise
maintain a tax code in the account assignment data for cash security
deposits.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

EK498 - Details

• The SAP error message EK498, which states "Check: Tax code for cash security deposits," typically arises in the context of procurement and financial transactions involving cash security deposits. This error indicates that there is an issue with the tax code assigned to a cash security deposit in the system.
  
  Cause:
  
  Missing Tax Code: The cash security deposit may not have a valid tax code assigned in the system.
  Incorrect Tax Code: The tax code assigned may not be appropriate for cash security deposits, leading to inconsistencies in tax calculations.
  
  Configuration Issues: There may be configuration issues in the tax settings or in the way cash security deposits are handled in the system.
  Master Data Issues: The vendor or customer master data may not have the correct tax information set up.
  
  
  Solution:
  
  
  Check Tax Code Assignment:
  
  Navigate to the relevant transaction (e.g., creating or modifying a cash security deposit).
  Ensure that a valid tax code is assigned to the cash