How To Fix UCD1069 - Reference period &1 for deferred taxes lies in the future

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 069

• Message text: Reference period &1 for deferred taxes lies in the future

What causes this issue?

When entering a reference period for determining the tax rate, the
reference period cannot lie in the future (when compared to the posting
period).

System Response

The document cannot be posted.

How to fix this error?

Adjust the reference period.

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 UCD1069 - Reference period &1 for deferred taxes lies in the future ?

  The SAP error message UCD1069 indicates that there is an issue with the reference period for deferred taxes, specifically that the reference period is set in the future. This can occur in various scenarios, such as when trying to post a transaction or generate reports related to deferred taxes.
  Cause:
  The primary cause of this error is that the system is attempting to process deferred tax entries for a period that has not yet occurred. This can happen if:
  
  The reference period for the deferred tax calculation is incorrectly set to a future date.
  There are configuration issues in the tax settings or in the fiscal year variant.
  The user is trying to post transactions or run reports for a future period that is not allowed by the system settings.
  
  Solution:
  To resolve the UCD1069 error, you can take the following steps:
  
  
  Check the Reference Period:
  
  Verify the reference period being used for the deferred tax calculation. Ensure that it is set to a valid period that is not in the future.
  
  
  
  Adjust Fiscal Year Settings:
  
  Review the fiscal year variant settings in your SAP system. Make sure that the periods are correctly defined and that the current period is set appropriately.
  
  
  
  Review Tax Configuration:
  
  Check the configuration settings for deferred taxes in the SAP system. Ensure that all settings are correct and that there are no future dates set in the configuration.
  
  
  
  Post Transactions in Valid Period:
  
  If you are trying to post transactions, ensure that you are doing so in a valid accounting period. You may need to wait until the period is open or adjust your posting date.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed information on handling deferred taxes and the specific error message.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They can provide more specific guidance based on your system configuration.
  
  
  
  Related Information:
  
  Deferred Taxes: These are taxes that are accrued but not yet paid, often due to timing differences between accounting and tax reporting.
  Fiscal Year Variant: This defines the structure of the fiscal year in SAP, including the number of periods and how they are defined.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  By following these steps, you should be able to identify and resolve the cause of the UCD1069 error in your SAP system.