How To Fix FICUSTOM076 - Note the restrictions for tax-relevant postings in special periods

SAP Error Message - Details

• Message type: E = Error

• Message class: FICUSTOM - Customizable Messages for Funds Management

• Message number: 076

• Message text: Note the restrictions for tax-relevant postings in special periods

What causes this issue?

If you must make postings relevant to tax in special periods, you must
note the following restrictions for each public-owned commercial
operation (PCO) in the documentation and determining of correct tax
values:
A subsequent assignment of the tax portion to granted or self-used cash
discount amounts for the responsible PCO is not possible for special
periods. This means that program RFFMBGDC (cash discount and backdated
tax calculation) cannot be carried out for special periods.
Post documents that contain cash discount or exchange rate differences,
such as payment or clearing documents, in the valid normal posting
period only.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICUSTOM076 - Note the restrictions for tax-relevant postings in special periods ?

  The SAP error message FICUSTOM076 indicates that there are restrictions on tax-relevant postings in special periods. This error typically arises when users attempt to post transactions that are not allowed in the special periods defined in the system configuration.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Configuration Settings: The system is configured to restrict certain types of postings (especially tax-related) during special periods. This is often done to ensure compliance with tax regulations and to maintain the integrity of financial reporting.
  Posting Periods: The posting period you are trying to use may not be open for tax-relevant postings. Special periods are typically used for adjustments and may have specific rules regarding what can be posted.
  Transaction Type: The type of transaction you are trying to post may not be allowed in the special periods due to the nature of the transaction (e.g., tax adjustments).
  
  Solution:
  To resolve the FICUSTOM076 error, you can take the following steps:
  
  
  Check Posting Periods: Verify that the posting period you are trying to use is open for the type of transaction you are attempting. You can do this by checking the configuration in the SAP system:
  
  Go to the transaction code OB52 to view and manage the posting periods.
  Ensure that the special periods are configured correctly and that the relevant periods are open for posting.
  
  
  
  Review Configuration: If you have the necessary authorization, review the configuration settings related to tax postings in special periods:
  
  Check the settings in SPRO (SAP Reference IMG) under Financial Accounting (New) > Financial Accounting Global Settings (New) > Tax on Sales/Purchases > Basic Settings > Define Tax Relevant Posting Periods.
  Ensure that the settings align with your business requirements and compliance needs.
  
  
  
  Consult with Finance Team: If you are unsure about the configuration or the implications of changing it, consult with your finance or accounting team. They can provide insights into the necessary restrictions and whether adjustments are needed.
  
  
  Use Regular Posting Periods: If the transaction is not critical and can wait, consider posting it in a regular posting period instead of a special period.
  
  
  SAP Notes and Documentation: Check for any relevant SAP Notes that may provide additional guidance or updates related to this error. You can search for notes in the SAP Support Portal.
  
  
  Related Information:
  
  Special Posting Periods: Special periods are typically used for year-end adjustments and may have different rules compared to regular posting periods.
  Tax Compliance: Ensure that your postings comply with local tax regulations, as improper postings can lead to compliance issues.
  User Authorizations: Ensure that users have the necessary authorizations to post in special periods, as restrictions may also be related to user roles.
  
  By following these steps, you should be able to address the FICUSTOM076 error and understand the implications of posting in special periods.