Tax code V0 does not exist for jurisdiction code IN0000000
Message no. FF718
You have entered tax codes and jurisdiction codes in the G/L account items. The amounts of these items are used as the tax base to check the tax amounts you have entered or to determine the taxes. The system has now determined that one or more of the "tax code / jurisdiction code" combinations do not exist in Customizing.
Calculation of the taxes or checking of the taxes entered had to be terminated.
Check the tax codes and the jurisdiction codes in the G/L account items or asset items. If these are correct, inform your system administrator.
Procedure for System Administration
Change the tax jurisdictions you specified in Customizing under Financial Accounting -> Financial Accounting Global settings -> Tax on Sales/Purchases -> Basic Settings -> Define Tax Jurisdictions.