How To Fix FC271 - A formula has not been defined for cntry & and withhold.tax code &

FC271 - Overview

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 271

• Message text: A formula has not been defined for cntry & and withhold.tax code &

What causes this issue?

The specifications which are necessary for calculating the withholding
tax according to a special procedure have not been defined.

How to fix this error?

Maintain the specifications for calculating withholding tax.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC271 - A formula has not been defined for cntry & and withhold.tax code & ?

  The SAP error message FC271 indicates that a formula has not been defined for a specific country and withholding tax code combination. This error typically arises in the context of financial transactions where withholding tax calculations are required, such as vendor payments or invoice processing.
  
  Cause:
  
  Missing Configuration: The primary cause of this error is that the withholding tax formula for the specified country and tax code has not been set up in the system.
  Incorrect Tax Code: The tax code being used may not be correctly configured or may not exist in the system.
  Country-Specific Settings: The country settings for withholding tax may not be properly defined in the SAP system.
  
  
  Solution:
  To resolve the FC271 error, follow these steps:
  
  
  Check Withholding Tax Configuration:
  
  Go to the SAP transaction code OBWW (for withholding tax configuration).
  Verify that the withholding tax type and the corresponding tax code are correctly defined for the specific country.
  Ensure that the formula for calculating