How To Fix UCD1042 - Automatic posting item is missing for "Deferred Taxes - Balance Sheet"

UCD1042 - Overview

• Message type: E = Error

• Message class: UCD1 - Messages for Document and Breakdown Check

• Message number: 042

• Message text: Automatic posting item is missing for "Deferred Taxes - Balance Sheet"

What causes this issue?

The entry of the special item "Deferred Taxes - Balance Sheet" is
missing for posting deferred taxes.

System Response

Processing terminated

How to fix this error?

Check the entry of items for deferred taxes.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCD1042 - Automatic posting item is missing for "Deferred Taxes - Balance Sheet" ?

  The SAP error message UCD1042, which indicates that an automatic posting item is missing for "Deferred Taxes - Balance Sheet," typically arises in the context of financial accounting and tax reporting within the SAP system. This error can occur during processes such as posting journal entries, running financial reports, or executing tax-related transactions.
  
  Cause:
  
  
  Missing Configuration: The error often indicates that the system is unable to find the necessary configuration for automatic postings related to deferred taxes. This could be due to missing or incorrect settings in the tax configuration or the chart of accounts.
  
  
  Incorrect Account Assignment: The account assigned for deferred taxes may not be properly set up in the system, leading to the inability to post the necessary entries.
  
  
  Missing Master Data: The relevant master data for the accounts involved in deferred tax calculations may be incomplete or incorrectly maintained.
  
  
  Posting Period Issues: The error can also occur if the posting period