Message type: E = Error
Message class: OIUX1_TAX_MESSAGES - Message Class Tax Reporting
Message number: 126
Message text: Previous month has not been finalized yet.
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The SAP error message OIUX1_TAX_MESSAGES126, which states "Previous month has not been finalized yet," typically occurs in the context of tax processing or financial closing activities within the SAP system. This error indicates that you are attempting to perform an action (such as posting a transaction or running a report) for a period that has not been finalized, meaning that the previous month’s financial data has not been closed or locked.
Cause: Unfinalized Previous Month: The most common cause is that the financial period for the previous month is still open and has not been finalized. This can happen if there are pending transactions, adjustments, or if the month-end closing process has not been completed.
Configuration Issues: There may be configuration settings in the SAP system that prevent the closing of the previous month. User Permissions: The user may not have the necessary permissions to finalize the previous month.
Solution: Finalize the Previous Month: Navigate to the
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