How To Fix OIUXI161 - Co. code & is not defined; simple withholding tax assumed to be active

OIUXI161 - Overview

• Message type: E = Error

• Message class: OIUXI - Ownership Interface

• Message number: 161

• Message text: Co. code & is not defined; simple withholding tax assumed to be active

What causes this issue?

Determining if extended withholding taxation is active is not possible
until creation of company code &v1& is complete in financial accounting

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?

Correct the entry or create the company code using the financial
accounting customizing functions. Then if required activate the
extended withholding taxation.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

OIUXI161 - Details

• The SAP error message OIUXI161 indicates that there is an issue with the configuration of the company code in relation to withholding tax settings. Specifically, it suggests that the company code you are trying to use is not defined for withholding tax, and as a result, the system is assuming that withholding tax is active, which may not be the case.
  
  Cause:
  
  Company Code Not Defined: The company code you are working with is not set up in the system to handle withholding tax.
  Withholding Tax Configuration: The withholding tax settings for the company code may not be properly configured or activated.
  Missing Master Data: The vendor or customer master data may not have the necessary withholding tax information.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Company Code Configuration:
  
  Go to the SAP transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Company Code >