How To Fix FR405 - There are no comp.codes for taxes on sales/purchases group &

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 405

• Message text: There are no comp.codes for taxes on sales/purchases group &

What causes this issue?

The taxes on sales/purchases group &V1& is not allocated to any company
codes.
<ZH>Procedure for the System Administrator</>
Allocate this taxes on sales/purchases group to the respective company
codes.

<DS:TRAN.OBC6>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FR405 - There are no comp.codes for taxes on sales/purchases group & ?

  The SAP error message FR405 indicates that there are no corresponding compensation codes for the specified tax on sales/purchases group. This error typically arises during the processing of financial transactions, particularly when dealing with tax codes in the context of sales and purchases.
  Cause:
  
  Missing Configuration: The most common cause of this error is that the compensation codes for the specified tax on sales/purchases group have not been defined in the system.
  Incorrect Tax Code: The tax code being used may not be properly configured or may not correspond to the expected compensation codes.
  Data Entry Error: There may be a mistake in the data entry, such as using an incorrect tax group or code.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP configuration settings for tax codes. This can typically be found in the following path:
  
  SPRO > Financial Accounting > Tax on Sales/Purchases > Basic Settings > Define Tax Codes for Sales and Purchases.
  
  
  Ensure that the compensation codes are defined for the relevant tax on sales/purchases group.
  
  
  
  Define Compensation Codes:
  
  If the compensation codes are missing, you will need to create them. This can be done in the same configuration area where tax codes are defined.
  Make sure to assign the correct compensation codes to the relevant tax groups.
  
  
  
  Review Tax Code Usage:
  
  Check the transaction or document that triggered the error. Ensure that the tax code used is valid and corresponds to the correct tax on sales/purchases group.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on configuring tax codes and compensation codes.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB40 (for defining tax codes) and OBYZ (for defining tax groups) to navigate directly to the relevant configuration areas.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to tax configurations in SAP.
  
  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 Financial Accounting.