How To Fix FKKPREP029 - Tax code &3 is not allowed for this posting

SAP Error Message - Details

• Message type: E = Error

• Message class: FKKPREP - Prepaid Functions

• Message number: 029

• Message text: Tax code &3 is not allowed for this posting

What causes this issue?

You want to post a change to the credit on prepaid account &V1&. The
system determined account &V2& as the reconciliation account. This
account is not designated as a down payment account. Therefore the
posting has to take place without taking tax into consideration.
However, tax code &V3& was determined from Customizing.

System Response

The document cannot be posted.

How to fix this error?

Change the Customizing for posting area 1273 for posting transaction
&V4&.
INCLUDE FICA_NA_CUST_2 OBJECT DOKU ID TX
If the other settings are correct, and the system determined the correct
account, then remove the entries for the tax code.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FKKPREP029 - Tax code &3 is not allowed for this posting ?

  The SAP error message FKKPREP029 indicates that a specific tax code (represented by &3 in the message) is not allowed for the posting you are trying to execute. This error typically occurs in the context of financial transactions, particularly in the area of contract accounts receivable and payable (FI-CA).
  Cause:
  
  Invalid Tax Code: The tax code you are trying to use is not configured for the specific transaction or posting type.
  Tax Code Configuration: The tax code may not be allowed for the specific business transaction or may not be set up correctly in the system.
  Posting Area Restrictions: Certain tax codes may be restricted for use in specific posting areas or document types.
  Legal Requirements: The tax code may not comply with local tax regulations or requirements.
  
  Solution:
  
  
  Check Tax Code Configuration:
  
  Go to the transaction code OBYZ (or the relevant configuration transaction) to check the configuration of the tax code.
  Ensure that the tax code is correctly defined and is allowed for the type of posting you are attempting.
  
  
  
  Review Posting Type:
  
  Verify that the posting type you are using is compatible with the tax code. Some tax codes are only valid for certain types of transactions.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the tax code's validity, consult with your finance or accounting team to ensure that the tax code is appropriate for the transaction.
  
  
  
  Use a Different Tax Code:
  
  If the tax code is indeed not allowed, consider using a different tax code that is valid for the transaction.
  
  
  
  Check for Updates:
  
  Ensure that your SAP system is up to date with the latest patches and updates, as sometimes issues can arise from outdated configurations.
  
  
  
  Review Documentation:
  
  Check SAP documentation or help resources for any specific notes related to the tax code and its usage.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBYZ (Tax Code Configuration), FB01 (Document Posting), and FBL1N (Vendor Line Items) to navigate through the system effectively.
  SAP Notes: Look for SAP Notes related to tax code issues, as they may provide additional insights or solutions.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to post transactions with the specified tax code.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution. If the issue persists, consider reaching out to your SAP support team for further assistance.