How To Fix GLO_FIN_TAX_DECLN003 - Maintain Default Account of COA &1 before defining an account assignment.

SAP Error Message - Details

• Message type: E = Error

• Message class: GLO_FIN_TAX_DECLN - Message Cllass for Input Tax Declaration(China)

• Message number: 003

• Message text: Maintain Default Account of COA &1 before defining an account assignment.

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message GLO_FIN_TAX_DECLN003 - Maintain Default Account of COA &1 before defining an account assignment. ?

  The SAP error message GLO_FIN_TAX_DECLN003 indicates that you need to maintain a default account for the Chart of Accounts (COA) before you can define an account assignment. This error typically arises in the context of tax declaration processes or when configuring financial accounting settings in SAP.
  Cause:
  The error occurs because the system requires a default account to be set up for the specified Chart of Accounts (COA) before you can proceed with defining account assignments. This is often necessary for tax reporting and compliance purposes, as the system needs to know which accounts to use for various financial transactions.
  Solution:
  To resolve this error, you need to follow these steps:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: 
  SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Tax on Sales/Purchases -> Basic Settings -> Maintain Default Account for Chart of Accounts
  
  
  
  
  Maintain Default Account:
  
  In the configuration screen, you will see a list of Chart of Accounts.
  Select the relevant Chart of Accounts (COA) for which you need to maintain the default account.
  Enter the default account number that should be used for tax-related transactions. This account is typically a tax-related account in your financial structure.
  
  
  
  Save Your Changes:
  
  After entering the necessary information, save your changes.
  
  
  
  Retry the Transaction:
  
  Go back to the transaction or process that triggered the error and try again. The error should no longer appear if the default account has been set correctly.
  
  
  
  Related Information:
  
  Chart of Accounts (COA): This is a listing of all accounts used in the general ledger of an organization. Each account is assigned a unique number and is categorized for reporting purposes.
  Tax Configuration in SAP: Proper configuration of tax accounts is crucial for compliance with local tax regulations. Ensure that all necessary tax codes and accounts are set up correctly.
  Authorization: Ensure that you have the necessary authorization to make changes to the configuration settings in SAP.
  
  If you continue to experience issues after following these steps, it may be helpful to consult with your SAP administrator or a financial consultant who specializes in SAP configurations.