How To Fix FD007 - Assigning a new tax key for & not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: FD - EDI Messages in FI

• Message number: 007

• Message text: Assigning a new tax key for & not possible

What causes this issue?

In FI customizing, the tax type &V1& transferred is missing in the
invoice so that the system cannot determine a tax code.

System Response

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

How to fix this error?

In FI customizing, add the tax ID and a corresponding internal tax
code for the present partner.
<DS:TRAN.OBCD>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FD007 - Assigning a new tax key for & not possible ?

  The SAP error message FD007 ("Assigning a new tax key for & not possible") typically occurs in the context of financial transactions, particularly when dealing with tax codes in the SAP system. This error indicates that there is an issue with the assignment of a tax key to a specific transaction or document.
  Causes:
  
  
  Tax Code Configuration: The tax code you are trying to assign may not be properly configured in the system. This could be due to missing settings or incorrect parameters in the tax code definition.
  
  
  Document Type Restrictions: Certain document types may have restrictions on which tax codes can be assigned. If the document type does not allow the tax code you are trying to use, this error will occur.
  
  
  Transaction Type: The transaction type may not support the tax key you are trying to assign. For example, some transaction types may be exempt from certain taxes.
  
  
  Country-Specific Regulations: Tax codes can be country-specific, and if the tax code does not apply to the country of the transaction, the assignment will fail.
  
  
  Master Data Issues: There may be issues with the master data related to the vendor, customer, or material that is involved in the transaction.
  
  
  Solutions:
  
  
  Check Tax Code Configuration: Go to the transaction code OBYZ (or the relevant configuration transaction) to review the tax code settings. Ensure that the tax code is correctly defined and active.
  
  
  Review Document Type Settings: Check the configuration for the document type you are using. Ensure that it allows the assignment of the tax code in question.
  
  
  Validate Transaction Type: Ensure that the transaction type supports the tax key you are trying to assign. You may need to consult with your finance team or SAP consultant to confirm this.
  
  
  Country-Specific Settings: Verify that the tax code is applicable for the country in which the transaction is being processed. You may need to create or modify tax codes to comply with local regulations.
  
  
  Check Master Data: Review the master data for the involved parties (vendors, customers, materials) to ensure that all necessary tax information is correctly maintained.
  
  
  Consult SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message. There may be patches or updates that resolve known issues.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBYZ (Tax Code Configuration), FB60 (Enter Incoming Invoices), and FB70 (Enter Outgoing Invoices) to troubleshoot the issue.
  SAP Documentation: Refer to SAP Help documentation for detailed information on tax configuration and error handling.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they found effective.
  
  If the issue persists after checking these areas, it may be beneficial to involve your SAP support team or a consultant for further investigation.