How To Fix VKKTAX125 - Tax item for payment plan item &1 &2 &3 does not have a premium

VKKTAX125 - Overview

• Message type: E = Error

• Message class: VKKTAX - FS-CD: Messages for Insurance Tax

• Message number: 125

• Message text: Tax item for payment plan item &1 &2 &3 does not have a premium

What causes this issue?

The created document has an insurance tax lines without an associated
premium. The system cannot clear this type of document.

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?

Check the creation of payment plan items. Ensure that a payment plan
item that leads to a premium line exists for each payment plan item that
results in an insurance tax line.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

VKKTAX125 - Details

• The SAP error message VKKTAX125 indicates that there is an issue with a tax item related to a payment plan item in the system. Specifically, it suggests that the tax item does not have a premium associated with it, which is necessary for the processing of the payment plan.
  
  Cause:
  
  Missing Premium Configuration: The tax item in question may not have been configured correctly in the system, leading to the absence of a premium.
  Incorrect Tax Code: The tax code used may not be set up to handle premiums, or it may not be applicable for the specific transaction.
  Payment Plan Settings: The payment plan item may not be correctly set up to include tax calculations or premiums.
  Data Entry Errors: There may be errors in the data entry for the payment plan item or tax item, leading to inconsistencies.
  
  
  Solution:
  
  
  Check Tax Item Configuration:
  
  Go to the configuration settings for the tax item in question and ensure