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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_CFIN_BC_V118 - G/L account for WTax for key &2 is not defined in target system. ?

  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 it is missing, you need to create it.
  Use transaction code OBD4 to define the withholding tax accounts in the target system.
  
  
  
  Check Configuration:
  
  Ensure that the mapping of withholding tax accounts between the source and target systems is correctly configured. This can be done in the Central Finance settings.
  Use transaction code CFIN to review the mapping settings.
  
  
  
  Data Migration:
  
  If the G/L account should have been migrated from the source system, check the migration logs for any errors or warnings that might indicate why the account was not transferred.
  Re-run the migration process if necessary, ensuring that all required accounts are included.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to Central Finance and withholding tax configuration to ensure that all necessary steps have been followed.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error does not reoccur.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OBD4: Define Withholding Tax Accounts
  CFIN: Central Finance Configuration
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or fixes related to this error.
  Central Finance Documentation: Review the official SAP documentation for Central Finance to understand the requirements for G/L account configuration and mapping.
  
  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 Financials and Central Finance implementations.