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Nov 02, 2009 at 11:32 AM

Error F5 037 while doing manual clearing of GL with F-03

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Hi All,

My client is trying to clear a Balance sheet account and getting the below error

Account & for deductions/discounts must not be tax-relevant Message no. F5 037. Only the message is displayed and there is no help in the 'performance assistant' also

The account they are trying to clear is a 'JAPAN CONSUMPTION TAX INVOICED' account. It is a

1. Balance sheet account

2. Open item managed and line item display

3. Tax category - All tax types allowed & Posting without tax allowed

The account is assigned to the tax code in FTXP.

The account is used in Inter company billing and subsequently transferred to the vendor account by using FB60.

They have cleared it many times but getting this error for the first time.

Request your expert help on the above issue

Thanks In advance

Anupama