How To Fix FINS_CFIN_BC_V120 - Withholding tax code &2 is not defined in target system.

FINS_CFIN_BC_V120 - Overview

• 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.

FINS_CFIN_BC_V120 - Details

• 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