How To Fix ID_FIAA_JP_TAX047 - Asset &1: Corresponding asset &2, asset value date &3: Check

ID_FIAA_JP_TAX047 - Overview

• Message type: E = Error

• Message class: ID_FIAA_JP_TAX - Messages for Tax Report raidjp_tax

• Message number: 047

• Message text: Asset &1: Corresponding asset &2, asset value date &3: Check

What causes this issue?

One of the postings for the transfer between assets &V1& and &V2& is
missing.
The most likely cause of the error is a problem in the transfer posting
itself.
The problem can also occur if you select individual assets and miss out
the corresponding assets from the transfer posting.

System Response

The system continues processing.

How to fix this error?

Check and correct the transfer posting, and start the report again.
If you have selected inidvidual assets, you do not need to do anything.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

ID_FIAA_JP_TAX047 - Details

• The SAP error message ID_FIAA_JP_TAX047 typically relates to issues with asset accounting, particularly in the context of Japanese tax regulations. This error indicates that there is a problem with the asset value date or the corresponding asset's information.
  
  Cause:
  
  Inconsistent Asset Data: The error often arises when there is a mismatch between the asset's value date and the corresponding asset's data. This could be due to incorrect or missing information in the asset master data.
  Tax 
  Configuration Issues: There may be issues with the tax configuration settings for the assets, especially if they are related to Japanese tax regulations.
  Posting Period Issues: The posting period for the asset transactions may not be open or may not align with the asset value date.
  Asset Transfer Issues: If there are asset transfers involved, the corresponding asset may not be properly linked or may have discrepancies in its value date.
  
  
  Solution:
  
  Check Asset Master Data: Review the asset master data