How To Fix GZ810 - Classification key LAG not defined for deferred taxes on income statemt

GZ810 - Overview

• Message type: E = Error

• Message class: GZ - Message class for FI-LC

• Message number: 810

• Message text: Classification key LAG not defined for deferred taxes on income statemt

What causes this issue?

The assignment classification key LAG used in version &V1& for the
<DS:GLOS.selected_item>selected item</> 'Expenses for
<DS:GLOS.deferred_taxes>deferred taxes</>' in the income statement is
missing.
This setting is needed for posting tax accrual/deferral and, to
simplify matters, can be made in the income statement without a
separation according to debit/credit indicator.

System Response

Processing terminated

How to fix this error?

Define this classification key in the Implementation Guide in the
chapter concerning selected items.

<DS:TRAN.OC04>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

GZ810 - Details

• The SAP error message GZ810 indicates that there is an issue with the classification key for deferred taxes in the income statement. This error typically arises when the system cannot find a defined classification key for the deferred taxes, which is necessary for proper financial reporting and tax calculations.
  
  Cause:
  
  Missing Classification Key: The classification key for deferred taxes (LAG) is not defined in the system.
  
  Configuration Issues: There may be a configuration issue in the financial accounting settings related to tax reporting.
  Incorrect Settings: The settings for the tax classification in the relevant financial statement version may not be correctly set up.
  
  
  Solution:
  
  
  Define the Classification Key:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Tax on Sales/Purchases > Define Classification Keys.
  Check if the classification key "LAG" is defined. If not, create a new entry for it.
  
  
  
  Check Financial Statement Version:
  
  Ensure that the financial statement version