How To Fix UCD1063 - Deferred tax balance sheet items &1: Item &2 does not exist

UCD1063 - Overview

• Message type: E = Error

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

• Message number: 063

• Message text: Deferred tax balance sheet items &1: Item &2 does not exist

What causes this issue?

A clearing item specified in the balance sheet items for deferred taxes
does not exist.

System Response

The document cannot be posted.

How to fix this error?

Correct the clearing item.

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.

UCD1063 - Details

• The SAP error message UCD1063 indicates that there is an issue with deferred tax balance sheet items in the system. Specifically, it states that a particular item (identified by &2) does not exist for the specified deferred tax balance sheet item (identified by &1). This error typically arises in the context of tax calculations and reporting, particularly when dealing with deferred taxes in financial accounting.
  
  Cause:
  
  Missing Configuration: The item referenced in the error message may not be properly configured in the system. This could be due to missing master data or incorrect settings in the tax configuration.
  Data Inconsistency: There may be inconsistencies in the data, such as missing entries in the relevant tables that manage deferred tax items.
  Incorrect Posting: The error may occur if there are incorrect postings or transactions that reference non-existent items.
  System Updates or Changes: Recent changes or updates to the system may have affected the configuration or data