How To Fix F7463 - CoCode &1 is assigned to sales/purch. tax grp &2; use sales/purch.tax grp

F7463 - Overview

• Message type: E = Error

• Message class: F7 - Program Error Messages

• Message number: 463

• Message text: CoCode &1 is assigned to sales/purch. tax grp &2; use sales/purch.tax grp

What causes this issue?

There is a time-dependent assignment of company code &SYST-MSGV1& to
taxes on sales/purchases group &SYST-MSGV2& from the date &SYST-MSGV3&.
The electronic advance return for tax on sales/purchases cannot be
created for company code &SYST-MSGV1&.

System Response

Further processing is not possible.

How to fix this error?

Correct your selection data.
Instead of company code &SYST-MSGV1&, use the tax on sales/purchases
group &SYST-MSGV2& for advance returns for tax on sales/purchases as of
&SYST-MSGV3&.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

For advance returns for tax on sales/purchases preceding the date
&SYST-MSGV3&, check the time-dependent assignment of company code
&SYST-MSGV1& to the tax on sales/purchases group.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

F7463 - Details

• The SAP error message F7463 indicates that there is a mismatch between the company code (CoCode) and the sales/purchase tax group assigned in the system. This error typically arises when you are trying to post a transaction that involves tax calculations, and the system is unable to determine the correct tax group based on the configuration.
  
  Cause:
  
  Incorrect Configuration: The company code is assigned to a specific sales or purchase tax group, but the transaction you are trying to execute is using a different tax group.
  Missing Tax Group Assignment: The tax group may not be properly assigned to the company code in the configuration settings.
  Transaction Type Mismatch: The type of transaction (sales or purchase) may not align with the tax group assigned to the company code.
  
  
  Solution:
  
  
  Check Tax Group Assignment:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Tax on Sales/Purchases