How To Fix FR414 - Data for taxable entity possibly incomplete

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 414

• Message text: Data for taxable entity possibly incomplete

What causes this issue?

<GL:company_code>Company codes</> and not
<GL:taxes_on_sales/purchases_group>taxes on sales/purchases groups</>
are selected. This means that the advance return for tax on
sales/purchases is not always created for a whole taxable entity.

How to fix this error?

Use the forms which are now created for internal purposes only.
If, on the other hand, you want to fill out the advance return for tax
on sales/purchases for presentation to the tax office, proceed as
follows:
Select taxes on sales/purchases groups in the program which fetches the
tax balances from the documents, select preparation of the form
printout and specify the run date and run ID. Then run this program
with the additional selections which you have requested.
Then start the program which groups the tax base amounts and tax
amounts provided into group balances according to the rules for filling
out the advance return for tax on sales/purchases. In this program,
select the run date, the run ID, one or more taxes on sales/purchases
groups and, if necessary, other parameters.
This way the advance return for tax on sales/purchases is created for
each taxable entity.
At the end, you receive a list for the selected taxes on
sales/purchases groups as to which of the accompanying company codes
the advance return for tax on sales/purchases was created and for which
ones not.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FR414 - Data for taxable entity possibly incomplete ?

  The SAP error message FR414, which states "Data for taxable entity possibly incomplete," typically arises in the context of tax reporting and compliance within the SAP system. This error indicates that there may be missing or incomplete data related to a taxable entity, which can affect tax calculations and reporting.
  Causes:
  
  Incomplete Master Data: The master data for the taxable entity (such as vendor or customer records) may be incomplete. This includes missing tax numbers, addresses, or other relevant information.
  Missing Tax Codes: The tax codes assigned to transactions may not be properly configured or may be missing for the taxable entity.
  Incorrect Tax Configuration: The tax configuration settings in the system may not be set up correctly for the specific country or region.
  Transaction Data Issues: Transactions related to the taxable entity may not have the necessary tax information populated, leading to incomplete data.
  Regulatory Changes: Changes in tax regulations may require updates to the system that have not been implemented.
  
  Solutions:
  
  Review Master Data: Check the master data for the taxable entity to ensure that all required fields are filled out correctly. This includes verifying tax numbers, addresses, and other relevant information.
  Check Tax Codes: Ensure that the correct tax codes are assigned to the transactions and that they are configured properly in the system.
  Update Tax Configuration: Review and update the tax configuration settings in the SAP system to ensure compliance with current regulations.
  Validate Transaction Data: Go through the relevant transactions to ensure that all necessary tax information is included and correctly populated.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on tax configuration and reporting for your region.
  Run Tax Reports: Use SAP tax reporting tools to identify any discrepancies or missing data that may need to be addressed.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide guidance on tax configuration.
  Transaction Codes: Familiarize yourself with transaction codes related to tax configuration (e.g., OB40 for tax codes, XK01 for vendor master data).
  User Roles: Ensure that users have the appropriate roles and authorizations to access and modify tax-related data.
  Testing: After making changes, conduct thorough testing to ensure that the error is resolved and that tax calculations are accurate.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a tax consultant familiar with SAP systems.