The tax code entered is not defined in the company code country.

Dear sap guru's

I am facing a problem while doing invoice or while cancelling the invoice or even during Subsequent Credit/Debit

Tax code V0 in procedure is invalid

Message no. FF704

Diagnosis

The tax code entered is not defined in the company code country.

System Response

Procedure

Check and, if necessary, correct the entry.

Procedure for System Administration

If it is not an input error, check and possibly change the system

settings.

To do this, choose Maintain entries (F5).

1. Check whether the required tax procedure has been allocated to the

company code country. The Procedure field is on the detailed screen.

2. If you need a new tax code, you can create one yourself.

For this i have checked the assignment of company code and tax code V0 in Tcode (OBCL)

In FTXP the tax code is created in country IN, for the same tax procedure and the tax is a input tax.

please suggest what could be the exact problem

Regards

Sujit