How To Fix G5070 - No recovery indicators found for company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: G5 - IS-Oil /Joint Venture/ Material transfer pricing

• Message number: 070

• Message text: No recovery indicators found for company code &

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message G5070 - No recovery indicators found for company code & ?

  The SAP error message G5070 "No recovery indicators found for company code &" typically occurs in the context of financial accounting and is related to the configuration of recovery indicators in the system. This error indicates that the system cannot find any recovery indicators associated with the specified company code, which are necessary for certain financial processes, such as tax recovery or reporting.
  Cause:
  
  Missing Configuration: The most common cause of this error is that the recovery indicators have not been defined for the specified company code in the system.
  Incorrect Company Code: The company code specified in the transaction may be incorrect or not properly set up in the system.
  Data Migration Issues: If data has been migrated from another system, the recovery indicators may not have been transferred correctly.
  
  Solution:
  
  
  Define Recovery Indicators:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Accounts Receivable and Accounts Payable > Business Transactions > Tax on Sales/Purchases > Define Recovery Indicators.
  Ensure that recovery indicators are defined for the relevant company code. If they are missing, create new recovery indicators as needed.
  
  
  
  Check Company Code Configuration:
  
  Verify that the company code is correctly set up in the system.
  Ensure that the company code is active and that all necessary configurations are completed.
  
  
  
  Review Transaction Data:
  
  Check the transaction or document that triggered the error to ensure that it is correctly referencing the company code and that all required fields are filled out.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on recovery indicators and their configuration.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Recovery Indicators: These are used in SAP to determine how tax recovery is handled for different transactions. They can affect how tax amounts are calculated and reported.
  Company Code: This is a key organizational unit in SAP that represents a legal entity for which financial statements are created.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or additional configuration steps required.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP functional consultant or your organization's SAP support team for further assistance.