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
The tax code entered is not defined in the company code country.
Check and, if necessary, correct the entry.
Procedure for System Administration
If it is not an input error, check and possibly change the system
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