0

Error:   Company code not assigned to country or country to calculation procedure

1-27-2013 4-50-08 PM

Solution for this issue :

Step 1:

T-code :OX02

Check whether the Company Code is assigned to the country

Step 2 :

T-code : OBYZ

IMG Path>Financial Accounting>Financial Accounting Global Settings >Tax on Sales/Purchases>Basic Settings >Check Calculation Procedure > Define Procedure

In SAP all the Tax procedures are available for most countries. If a tax procedure is not defined for the country you can make a new entries. Eg :TAXGCC

1-27-2013 5-06-56 PM1-27-2013 4-44-54 PM

Select the TAXGCC and Update the control data.

1-27-2013 4-48-52 PM

Step 3:

T code : OBBG

Assign Country to Calculation Procedure

IMG >Financial Accounting>Financial Accounting Global Settings >Tax on Sales / Purchases > Basic Settings >Assign Country to Calculation Procedure

Now we can assign the calculation procedure created in the earlier step to the country.

In this example I have taken OMAN as country which is assigned to Company code

1-27-2013 4-49-27 PM

Update and Save it.

Step 4:

T-Code : FTXP

IMG >Financial Accounting>Financial Accounting Global Settings >Tax on Sales / Purchases > Calculation > Define Tax code for Sales and Purchase

Let us how to define two Zero Tax Codes for input and Output Tax.

Input Tax :

Give the country key and input V0 for Input Tax and enter the following details and press ok

1-28-2013 3-23-06 PM1-28-2013 4-33-43 PM

Maintain 0 in the input tax field.

Output Tax :

Give the country key and input V0 for Input Tax and enter the following details and press ok

1-28-2013 4-37-57 PM1-28-2013 4-38-22 PM

Maintain 0 in the Output tax field.

My error was solved at this step itself when I try to create external activity in the Project system.

Step 5:

T-code :OB40

IMG >Financial Accounting>Financial Accounting Global Settings >Tax on Sales / Purchases > Posting > Define Tax Accounts

Maintain GL account for input and output tax ( VST,MWS) as defined in the chart of accounts.

1-28-2013 4-54-06 PM1-28-2013 4-55-54 PM

Post a Comment

 
Top