How To Fix FWTM376 - Table &1, w/tax type &2 in country &3: Rounding rules must be commercial

FWTM376 - Overview

• Message type: E = Error

• Message class: FWTM - Messages: Withholding Tax Changeover

• Message number: 376

• Message text: Table &1, w/tax type &2 in country &3: Rounding rules must be commercial

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FWTM376 - Table &1, w/tax type &2 in country &3: Rounding rules must be commercial ?

  The SAP error message FWTM376 indicates an issue related to the rounding rules for tax calculations in the specified table and country. This error typically arises when the rounding rules set for a tax type do not comply with the commercial rounding standards required by the system.
  
  Cause:
  
  Incorrect Rounding Rules: The rounding rules defined for the specified tax type in the configuration do not meet the commercial rounding requirements.
  
  Configuration Issues: There may be a misconfiguration in the tax settings for the country or tax type in question.
  Data Entry Errors: Incorrect data entries in the relevant tables or master data could lead to this error.
  
  
  Solution:
  
  
  Check Rounding Rules:
  
  Navigate to the configuration settings for tax calculation in SAP (Transaction code: SPRO).
  Go to Financial Accounting (New) > Financial Accounting Global Settings (New) > Tax on Sales/Purchases > Basic Settings > Define Rounding Rules.
  Ensure that the rounding rules for the specified tax type and country are