How To Fix FINS_CFIN_BC_V120 - Withholding tax code &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: 120

• Message text: Withholding tax code &2 is not defined in target system.

What causes this issue?

The withholding tax code is defined in the source system, but <ZH>not</>
in the Central Finance system. The withholding tax code must match in
the source system and the Central Finance system.
The withholding tax code &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
<DS:SIMG.SIMG_CFORFBT059Z>Define Withholding Tax Codes</> Customizing
activity (table &V1&) and define an entry for key &V2& (Country Key /
Withholding Tax Type / Withholding Tax Code).

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_V120 - Withholding tax code &2 is not defined in target system. ?

  The SAP error message FINS_CFIN_BC_V120 indicates that a withholding tax code that is being referenced in a transaction or process is not defined in the target system. This typically occurs during data migration, system integration, or when performing financial transactions that involve withholding tax.
  Cause:
  
  Missing Configuration: The withholding tax code has not been set up in the target system. This can happen if the system is newly implemented or if the configuration was not properly migrated from the source system.
  Data Migration Issues: During data migration, the withholding tax codes may not have been included or were incorrectly mapped.
  Inconsistent Master Data: The vendor or customer master data may reference a withholding tax code that does not exist in the target system.
  Transport Issues: If the configuration was transported from another system, it may not have included the withholding tax codes.
  
  Solution:
  
  
  Define the Withholding Tax Code:
  
  Go to the SAP configuration (SPRO) and navigate to the path for defining withholding tax codes.
  Ensure that the withholding tax code referenced in the error message is created and configured properly in the target system.
  The path is usually: Financial Accounting (New) > Financial Accounting Global Settings (New) > Withholding Tax > Withholding Tax Types.
  
  
  
  Check Master Data:
  
  Review the vendor or customer master data to ensure that the correct withholding tax code is assigned.
  If necessary, update the master data to reference a valid withholding tax code.
  
  
  
  Data Migration Review:
  
  If this error occurred during a data migration process, review the migration mapping and ensure that all necessary withholding tax codes were included.
  You may need to re-run the migration or adjust the mapping to include the missing codes.
  
  
  
  Transport Requests:
  
  If the withholding tax code was supposed to be transported from another system, check the transport requests to ensure that they were successfully imported into the target system.
  
  
  
  Testing:
  
  After making the necessary changes, perform tests to ensure that the withholding tax code is now recognized and that transactions can be processed without errors.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation for detailed steps on configuring withholding tax codes.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to withholding tax codes and the error message.
  Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to resolve the error message FINS_CFIN_BC_V120 and ensure that the withholding tax codes are properly defined in your SAP system.