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

FR405 - Overview

• 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.

FR405 - Details

• 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