How To Fix FINS_CFIN_BC_V118 - G/L account for WTax for key &2 is not defined in target system.

FINS_CFIN_BC_V118 - Overview

• Message type: E = Error

• Message class: FINS_CFIN_BC_V - Business Configuration Validations

• Message number: 118

• Message text: G/L account for WTax for key &2 is not defined in target system.

What causes this issue?

The G/L account for withholding tax is defined in the source system, but
<ZH>not</> in the Central Finance system. The G/L account for
withholding tax must match in the source system and the Central Finance
system.
The G/L account number for key &V2& must be defined in the Central
Finance system.

System Response

The posting <ZH>cannot</> be completed in the Central Finance system
during ongoing replication.

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

In the Central Finance system, go to the appropriate Customizing
activity (table &V1&) and add an entry for key &V2& (Chart of Accounts /
Transaction / Withholding Tax Type / Withholding Tax Code ).
,,,,,,
WIT (Extended withholding tax):
<DS:SIMG.SIMG_CFORFBOBWW>Define Accounts for Withholding Tax to be Paid
Over</>
GRU (Offsetting entry without deduction):
<DS:SIMG.SIMG_CFORFBOBWU>Define Accts for W/hold.Tax for "Gross.Up"
Offsetting Entry</>
OPO (Self-withholding):
<DS:SIMG.SIMG_CFORFBOBWS>Define Accounts for Self-Withholding Tax</>
OFF (Offsetting entry with deduction):
<DS:SIMG.SIMG_CFORFBOBWO>Define Accounts for Withholding Tax Offsetting
Entry</>

Error message extract from SAP system. Copyright SAP SE.

FINS_CFIN_BC_V118 - Details

• The SAP error message FINS_CFIN_BC_V118 indicates that a General Ledger (G/L) account for withholding tax (WTax) is not defined in the target system for a specific key. This error typically occurs during the data migration or integration processes, particularly in the context of Central Finance (CFIN) or when transferring financial data between systems.
  
  Cause:
  
  Missing G/L Account: The specified G/L account for withholding tax is not set up in the target system. This could be due to a configuration oversight or because the account was not migrated from the source system.
  Incorrect Configuration: The mapping of the withholding tax accounts between the source and target systems may not be correctly defined.
  Data Transfer Issues: There may be issues with the data transfer process that prevent the correct accounts from being recognized in the target system.
  
  
  Solution:
  
  
  Define the G/L Account:
  
  Go to the target system and check if the G/L account for withholding tax is defined. If