Message no. F5341

[Former Member]

Dear All,

I have created new tax code called I2, but at the time of posting of vendor invoice its throwing error Message No. F5341.

Regards,

Sonal

[roshini_ramesh]

Symptom

Error "Net tax base and gross tax base is not defined" message no. F5341 is raised

Cause

In the configuration activity 'Edit Tax Information for Company Codes (ID 105675)', the checkbox Tax base is net value is selected whereas the checkbox Discount base is net value is not selected.

Resolution

Review the configuration activity 'Edit Tax Information for Company Codes (ID 105675)'. The checkbox Tax base is net value can only be selected when the checkbox Discount base is net value is also selected. Depending on the country-specific settings, you can make changes in the configuration activity 'Edit Tax Information for Company Codes (ID 105675)'.

Kindly refer KBA 3503895 - Error "Net tax base and gross tax base is not defined" is raised