Hi,
When, I am posting the entry with the tax code system is not calculating the tax and when I am giving the tax manually system comes up with the error
" Tax entry not possible in this item
Message no. FF724
Diagnosis
You can not enter a tax amount in this item since, due to the posting amount entered and the tax code, a total tax amount of zero has been calculated.
This could either be due to the fact that the tax code has been defined with a value of 0%, or because the posting amount entered (that is, the tax base) is too small.
Example:
With a tax rate of 15%, a tax amount greater than zero will only be achieved with a base amount greater than 0.04. With values of 0.03 and less, it is therefore not possible to enter a tax amount.
Procedure
Only enter tax amounts in conjunction with tax codes for which a percentage rate not equal to zero has been defined. Make sure that in documents with several G/L account items you enter the total tax amount in an item with a sufficiently high posting amount."
Please suggest what shall I do as I have checked and all the settings they are correct.
Thanks in advance
Regards
Nitin