How To Fix FTVV_MESSAGES088 - No withholding amount for incidental costs with alternative payee

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 088

• Message text: No withholding amount for incidental costs with alternative payee

What causes this issue?

You cannot withold incidental costs that are not to be paid by the main
borrower because this would lead to incorrect postings and the system
would calculate an incorrect net amount for the main borrower.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES088 - No withholding amount for incidental costs with alternative payee ?

  The SAP error message FTVV_MESSAGES088 indicates that there is no withholding amount calculated for incidental costs when using an alternative payee. This error typically arises in the context of financial transactions where withholding tax is applicable, but the system cannot determine the withholding amount due to the configuration or data issues.
  Causes:
  
  Missing Configuration: The withholding tax configuration for incidental costs may not be set up correctly in the system.
  Alternative Payee Issues: The alternative payee may not have the necessary withholding tax information or settings in their vendor master data.
  Transaction Type: The specific transaction type being processed may not be configured to handle withholding tax for incidental costs.
  Data Entry Errors: There may be errors in the data entry related to the transaction, such as incorrect amounts or missing fields.
  
  Solutions:
  
  
  Check Configuration:
  
  Ensure that the withholding tax types and rates are correctly configured in the system for incidental costs.
  Verify that the relevant withholding tax codes are assigned to the appropriate transaction types.
  
  
  
  Review Vendor Master Data:
  
  Check the vendor master data for the alternative payee to ensure that the withholding tax information is correctly maintained.
  Make sure that the alternative payee has the correct tax classification and withholding tax type assigned.
  
  
  
  Transaction Review:
  
  Review the transaction details to ensure that all required fields are filled out correctly and that the amounts are accurate.
  Confirm that the transaction type supports withholding tax for incidental costs.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring withholding tax for incidental costs and alternative payees.
  
  
  
  Testing:
  
  If changes are made to the configuration or vendor data, perform a test transaction to ensure that the issue is resolved.
  
  
  
  Related Information:
  
  Withholding Tax Configuration: This involves setting up the necessary tax codes, rates, and rules in the SAP system to ensure compliance with local tax regulations.
  Alternative Payee: This refers to a different entity that receives payment instead of the original vendor. Proper configuration is essential to ensure that tax calculations are accurate.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on withholding tax issues.
  
  If the problem persists after checking these areas, it may be beneficial to consult with your SAP support team or a financial consultant who specializes in SAP to further investigate the issue.