3268611 - How to adjust or correct Journal Entries already posted with tax code maintained with wrong tax rate? S/4HANA Cloud

This KBA explains how to adjust or correct Journal Entries already posted with tax code what maintained with wrong tax rate in S/4HANA Cloud.

SAP S/4HANA Cloud

Option 1.

• Reverse the wrong posting through App Manage Journal Entries - App ID F0717
  
• Update the tax rate according the KBAs 

             3268163 - Tax Percent Rate update of Delivered Tax Code "Z1" - France S/4HANA Cloud

             3268163 - Tax Percent Rate update of Delivered Tax Code "Z1" - France S/4HANA Cloud

             3271770 - Tax Percent Rate update of Delivered Tax Codes "W1" and "W2" - Norway S/4HANA Cloud

             3326053 - Tax Percent Rate update of Delivered Tax Codes - Sweden S/4HANA Cloud

• Re-Post the Journal Entry 

Option 2:

• Correct manually the VAT amount through App Post Tax Payables (App ID F1597)

adjust Journal Entry, correct Journal Entry, tax code, tax rate, manage journal entries, post tax payables, tax percent rate, Z1, CY, W1, W2, France, Netherlands, Norway , KBA , FI-LOC-FI , Financials , FI-GL-GL-F , Value Added Tax (VAT) , How To