How To Fix FIKZ_PROPTAX012 - Asset &1 OKATO &2 Region &3 District &4 - Property tax rate is not found

SAP Error Message - Details

• Message type: E = Error

• Message class: FIKZ_PROPTAX - Property tax Kazakhstan

• Message number: 012

• Message text: Asset &1 OKATO &2 Region &3 District &4 - Property tax rate is not found

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIKZ_PROPTAX012 - Asset &1 OKATO &2 Region &3 District &4 - Property tax rate is not found ?

  The SAP error message FIKZ_PROPTAX012 indicates that the system is unable to find a property tax rate for a specific asset in a given region and district. This error typically arises in the context of property tax calculations within the Asset Accounting (FI-AA) module of SAP.
  Cause:
  The error can occur due to several reasons:
  
  Missing Configuration: The property tax rate for the specified asset's location (region and district) has not been configured in the system.
  Incorrect Data Entry: The asset master data may have incorrect or incomplete information regarding the location, which leads to the system not being able to find the corresponding tax rate.
  Changes in Tax Regulations: If there have been recent changes in property tax regulations, the tax rates may need to be updated in the system.
  Inactive Tax Rate: The property tax rate may exist but is marked as inactive or not applicable for the specified region and district.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for property tax rates in SAP. This is usually found under the Financial Accounting (FI) module.
  Ensure that the property tax rates for the specified region and district are correctly defined and active.
  
  
  
  Verify Asset Master Data:
  
  Review the asset master data for the asset in question. Check the fields related to location, region, and district to ensure they are correctly filled out.
  Make any necessary corrections to the asset master data.
  
  
  
  Update Tax Rates:
  
  If the property tax rates have changed, update them in the system. This may involve working with your finance or tax department to ensure compliance with current regulations.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions on how to configure property tax rates and troubleshoot related issues.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs and that the property tax is calculated correctly.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as OAYZ (for asset accounting configuration) or OBY6 (for tax configuration) to access the relevant settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to property tax calculations and the specific error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to asset master data and configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Asset Accounting.