How To Fix GC012 - No tax rate found for company &

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 012

• Message text: No tax rate found for company &

What causes this issue?

In <GL:company>company</> &V1&, no tax rate has been defined for fiscal
year &V2& and period &V3&.

System Response

Information that the automatic line items are not posted to the
<GL:deferred_taxes>deferred taxes</>, although - because of the
document type definition - these are required.

How to fix this error?

If it is not necessary to post deferred taxes, indicate this
accordingly in Document Type Maintenance.
Otherwise, in the master record of company &V1&, check the entry of the
tax rate for fiscal year &V2& and period &V3&.
Note:
Beginning on the chosen key date, the tax rates are valid until a new
entry is added. That way, a tax rate doesn't have to be maintained for
every period or every fiscal year.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GC012 - No tax rate found for company & ?

  The SAP error message GC012 "No tax rate found for company &" typically indicates that the system is unable to find a valid tax rate for the specified company code in the context of a transaction. This can occur in various scenarios, such as during invoice processing, sales order creation, or when posting accounting documents.
  Causes:
  
  Missing Tax Configuration: The tax rates for the specified company code may not be configured in the system.
  Incorrect Tax Code: The tax code used in the transaction may not be valid or may not be assigned to the company code.
  Inactive Tax Rate: The tax rate may be inactive or not applicable for the current period.
  Country-Specific Settings: The tax settings may not be properly configured for the country associated with the company code.
  Document Type Issues: The document type being used may not be set up to allow for tax calculations.
  
  Solutions:
  
  
  Check Tax Configuration:
  
  Go to the transaction code OBYZ (or SPRO -> Financial Accounting -> Financial Accounting Global Settings -> Tax on Sales/Purchases -> Basic Settings -> Define Tax Codes for Sales and Purchases).
  Ensure that the tax codes are defined for the relevant company code and that the tax rates are correctly set up.
  
  
  
  Verify Tax Code:
  
  Check the tax code being used in the transaction. Ensure it is valid and correctly assigned to the company code.
  You can use transaction code FTXP to view and maintain tax codes.
  
  
  
  Review Tax Rate Validity:
  
  Ensure that the tax rate is active and applicable for the current fiscal year and period.
  Check if there are any changes in tax legislation that may have affected the tax rates.
  
  
  
  Country-Specific Settings:
  
  Ensure that the country-specific tax settings are correctly configured. This may include checking the tax jurisdiction and any local tax regulations.
  
  
  
  Document Type Configuration:
  
  Check the configuration of the document type being used to ensure it allows for tax calculations. This can be done in the configuration settings for the relevant module (e.g., Sales and Distribution, Financial Accounting).
  
  
  
  Consult with Tax Experts:
  
  If the issue persists, it may be beneficial to consult with a tax expert or SAP consultant who can provide insights based on the specific configuration and requirements of your organization.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBYZ, FTXP, SPRO, and others related to tax configuration.
  SAP Notes: Check SAP Notes for any known issues or updates related to tax configuration and error GC012.
  Documentation: Review SAP documentation for tax configuration to ensure compliance with local regulations and proper setup.
  
  By following these steps, you should be able to identify and resolve the issue related to the GC012 error message in SAP.