How To Fix FMITPOMC051 - Posting not possible; tax code "No tax transaction" does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FMITPOMC - Tranfer Transaction for Subledger Account

• Message number: 051

• Message text: Posting not possible; tax code "No tax transaction" does not exist

What causes this issue?

It is not possible to post a document because the program cannot derive
a tax code for tax free transactions. It is necessary to derive this
tax code because it is defined in the reconciliation account master
record that a tax code must be entered for postings.

System Response

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

How to fix this error?

Ensure that the tax code <LS>no tax transaction</> is defined for your
company code in Customizing for Financial Accounting.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMITPOMC051 - Posting not possible; tax code "No tax transaction" does not exist ?

  The SAP error message FMITPOMC051 indicates that a posting is not possible because the specified tax code "No tax transaction" does not exist in the system. This error typically arises in the context of financial postings where tax codes are required for proper accounting and compliance.
  
  Cause:
  
  Missing Tax Code: The tax code specified in the transaction does not exist in the system. This could be due to a configuration issue or an incorrect entry in the transaction.
  Incorrect Configuration: The tax code may not be properly configured in the system, or it may not be assigned to the relevant company code or transaction type.
  Transaction Type: The transaction type being used may not require a tax code, but the system is still expecting one due to configuration settings.
  
  
  Solution:
  
  
  Check Tax Code Configuration:
  
  Go to the transaction code OBYZ (or SPRO for configuration) to check the tax code settings.
  Ensure that the tax code "No tax transaction"