How To Fix OB075 - Excise duty revaluation is required for valuation record & & &

OB075 - Overview

• Message type: E = Error

• Message class: OB - IS-OIL Downstream TDP messages

• Message number: 075

• Message text: Excise duty revaluation is required for valuation record & & &

What causes this issue?

Excise duty tax revaluation is required.

System Response

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

How to fix this error?

Process inventory postings with tax revaluation.

Error message extract from SAP system. Copyright SAP SE.

OB075 - Details

• The SAP error message OB075, which states "Excise duty revaluation is required for valuation record," typically occurs in the context of materials management and financial accounting when dealing with excise duties in India. This error indicates that there is a need to revalue the excise duty for a specific valuation record, often due to changes in the valuation or the excise duty rates.
  
  Cause:
  
  Changes in Excise Duty Rates: If there have been changes in the excise duty rates after the material was received, the system may require a revaluation to reflect the new rates.
  Incomplete Configuration: The configuration for excise duty in the system may not be set up correctly, leading to discrepancies in the valuation records.
  Material Movements: Certain material movements (like goods receipt, invoice receipt) may trigger the need for revaluation if they affect the excise duty.
  Valuation Type: The valuation type of the material may not be compatible with the excise