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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message OB075 - Excise duty revaluation is required for valuation record & & & ?

  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 duty settings.
  
  Solution:
  
  
  Revaluation of Excise Duty:
  
  Navigate to the transaction code J1IEX (Excise Duty Revaluation) in SAP.
  Select the appropriate valuation record that needs revaluation.
  Execute the revaluation process to update the excise duty amounts.
  
  
  
  Check Configuration:
  
  Ensure that the excise duty configuration is correctly set up in the system. This includes checking the excise duty rates, condition types, and valuation classes.
  Use transaction code OBY6 to check the configuration for excise duties.
  
  
  
  Review Material Documents:
  
  Check the material documents related to the valuation record to ensure that all necessary postings have been made correctly.
  Use transaction code MB03 to view material documents.
  
  
  
  Consult with Finance Team:
  
  If the issue persists, consult with your finance or controlling team to ensure that all necessary settings and postings are correct.
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  J1IEX: Excise Duty Revaluation
  MB03: Display Material Document
  OBY6: Configuration for Excise Duty
  
  
  Documentation: Refer to SAP Help documentation for detailed information on excise duty processing and revaluation.
  User Roles: Ensure that the user has the necessary authorizations to perform excise duty revaluation and access related transactions.
  
  By following these steps, you should be able to resolve the OB075 error and ensure that the excise duty is correctly revalued in your SAP system.