How To Fix FS720 - Error when adding the tax code (Code = &)

SAP Error Message - Details

• Message type: E = Error

• Message class: FS - Messages from Tax Routines / Prenumbered Checks

• Message number: 720

• Message text: Error when adding the tax code (Code = &)

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FS720 - Error when adding the tax code (Code = &) ?

  The SAP error message FS720 typically occurs when there is an issue related to tax codes in the financial module of SAP, particularly when trying to add or modify a tax code. The error message indicates that there is a problem with the tax code you are trying to use, which is represented by the placeholder "&".
  Causes of FS720 Error
  
  Invalid Tax Code: The tax code you are trying to add may not exist in the system or may be incorrectly formatted.
  Tax Code Configuration: The tax code may not be properly configured in the system, leading to inconsistencies.
  Missing Master Data: Required master data for the tax code may be missing, such as tax rates or tax jurisdiction data.
  Authorization Issues: The user may not have the necessary permissions to add or modify tax codes.
  System Settings: There may be issues with the system settings or configuration that prevent the addition of the tax code.
  
  Solutions
  
  
  Check Tax Code Validity:
  
  Verify that the tax code you are trying to add exists in the system and is correctly formatted.
  Use transaction code OBYZ to check the tax codes configured in the system.
  
  
  
  Review Tax Code Configuration:
  
  Ensure that the tax code is properly configured in the system. Check the settings in transaction code OBCA for tax code determination.
  
  
  
  Ensure Master Data Completeness:
  
  Make sure that all necessary master data related to the tax code is complete and accurate. This includes tax rates and jurisdiction data.
  
  
  
  Check User Authorizations:
  
  Verify that the user has the necessary authorizations to add or modify tax codes. This can be checked in transaction code SU53 or by consulting with your SAP security team.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error. You can search for notes in the SAP Support Portal.
  
  
  
  System Configuration Review:
  
  If the issue persists, review the overall system configuration related to tax codes and financial transactions. This may require assistance from an SAP consultant or your internal SAP support team.
  
  
  
  Related Information
  
  
  Transaction Codes:
  
  OBYZ: Maintain Tax Codes
  OBCA: Tax Code Determination
  SU53: Authorization Check
  
  
  
  SAP Documentation: Refer to the official SAP documentation for detailed information on tax code configuration and management.
  
  
  SAP Community: Engage with the SAP Community forums for insights and solutions from other users who may have encountered similar issues.
  
  
  If the problem continues after trying the above solutions, it may be beneficial to involve your SAP support team or a consultant for further investigation.