2074331 - How to Release a Tax Return After Annual Net Profit got Calculated

You are trying to release a tax return; however, the system informs that the annual net profit is calculated.

SAP Business ByDesign

1. Go to the Tax Management work center.
2. Go to the Tax Returns view of the respective tax return type, for example: VAT Returns.
3. Select the respective tax return and click Release.

An error message is raised as follows: Set of books <ID>, company <ID (name)>, fiscal year <concerned fiscal year>: annual net profit calculated

The posting date of the tax return lies on an open accounting period, however for that fiscal year, a balance carryforward run has already been executed, which in step 2, calculated and carry forwarded profit/loss. Once the run is executed with step 2, the fiscal year is locked against postings, therefore the error message upon the tax return release is raised.

To be able to release the tax return, one of the below two approaches might be used, according to business needs:

1) Reverse the balance carryforward run with step two and make sure that the concerned accounting period allows posting.

The balance carryforward runs can be found through the below steps:

1. Go to the General Ledger work center.
2. Go to the Balance Carryforward view.
3. Select the run, which was executed in step 2, and reverse it.

For further details about the reopening procedures, please refer to the Reopening a Fiscal Year section on Help-Document Closing Fiscal Years.

2) Change the posting date of the tax return to an open fiscal year and period. Be aware that this approach implies in posting the tax return to a different period.

After the executing one of the above steps, the error situation is overcome.

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