How To Fix FINS_CFIN_BC_V024 - Indicator "New Deferred Tax Code" does not match in source and target

FINS_CFIN_BC_V024 - Overview

• Message type: E = Error

• Message class: FINS_CFIN_BC_V - Business Configuration Validations

• Message number: 024

• Message text: Indicator "New Deferred Tax Code" does not match in source and target

What causes this issue?

The indicator for new deferred tax &V1& for tax code &V2& must be the
same in the source and target systems.

System Response

The posting cannot be completed in the target system.

How to fix this error?

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

Procedure for System Administrators

Check the configuration by calling view V_T007A_DEF from transaction
SM30 and compare it with the value in the source system.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_CFIN_BC_V024 - Indicator "New Deferred Tax Code" does not match in source and target ?

  The SAP error message FINS_CFIN_BC_V024 with the indicator "New Deferred Tax Code" typically occurs during the process of data migration or during the execution of a financial consolidation process in SAP S/4HANA, particularly in the context of Central Finance (CFIN). This error indicates that there is a mismatch between the deferred tax codes defined in the source system and those in the target system.
  
  Cause:
  
  Configuration Mismatch: The deferred tax codes in the source system do not match the corresponding codes in the target system. This can happen if the tax codes were not properly replicated or configured in the target system.
  Data Migration Issues: During the data migration process, if the mapping of tax codes is not correctly defined, it can lead to discrepancies.
  Customizations: If there are custom tax codes in the source system that do not exist in the target system, this can also trigger the error.
  Inconsistent Master Data: Differences in