How To Fix UCFP008 - Target document type &1 posts with deferred taxes

SAP Error Message - Details

• Message type: E = Error

• Message class: UCFP - Messages for Period Initialization

• Message number: 008

• Message text: Target document type &1 posts with deferred taxes

What causes this issue?

None of the target document types that you specify in the document type
assignment for the adjustment of deferred taxes may post with deferred
taxes.
However, document type &V1& posts with deferred taxes.

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 document type assignment by only using those document types
as target document type that post without deferred taxes.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCFP008 - Target document type &1 posts with deferred taxes ?

  The SAP error message UCFP008 indicates that there is an issue with posting a document that involves deferred taxes. This error typically arises in the context of financial accounting and tax reporting within the SAP system. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Deferred Tax Configuration: The error often occurs when the target document type is configured to handle deferred taxes, but the necessary settings or data are not correctly defined in the system.
  Document Type Settings: The document type specified in the error message may not be set up to handle deferred tax postings properly.
  Tax Code Issues: The tax codes used in the transaction may not be compatible with deferred tax postings.
  Posting Period: The posting period may not be open for the relevant transactions, or there may be restrictions on posting deferred taxes in that period.
  
  Solution:
  
  
  Check Document Type Configuration:
  
  Go to the configuration settings for the document type in question (Transaction Code: OBA7).
  Ensure that the document type is correctly configured to handle deferred taxes.
  
  
  
  Review Tax Code Settings:
  
  Verify the tax codes used in the transaction (Transaction Code: OB40).
  Ensure that the tax codes are set up to allow for deferred tax postings.
  
  
  
  Adjust Posting Period:
  
  Check if the posting period is open for the relevant fiscal year and period (Transaction Code: OB52).
  If necessary, open the posting period for the relevant transactions.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the configuration or settings, consult with your finance or accounting team to ensure that the correct procedures are being followed.
  
  
  
  SAP Notes and Documentation:
  
  Check for any relevant SAP Notes that may address this specific error message. SAP Notes can provide patches or additional configuration guidance.
  Review the SAP documentation for deferred tax handling to ensure compliance with accounting standards.
  
  
  
  Related Information:
  
  Deferred Taxes: Deferred taxes arise due to temporary differences between the accounting income and taxable income. Understanding how these are calculated and posted in SAP is crucial for accurate financial reporting.
  SAP Financial Accounting (FI): Familiarity with the FI module in SAP is essential, as this error pertains to financial transactions and tax reporting.
  User Authorization: Ensure that the user has the necessary authorizations to post transactions involving deferred taxes.
  
  If the issue persists after checking the above points, it may be beneficial to engage with SAP support or a consultant who specializes in SAP Financial Accounting for further assistance.