3497624 - BSI TaxFactory Saas Connection Errors

While setting up the connection to BSI TaxFactory Saas, one of the following errors is raised on the SPRO activity "Defined user credentials for BSI TaxFactory SaaS integration" (RPUCLDU0_BSI_STORE_CREDENTIALS) or "Define web service for BSI TaxFactory SaaS integration" (RPUCLDU0_BSI_SETTINGS):

Connection Error: GET_BUSINESS_SYSTEM_ERROR
An error occurred when determining the business system (SLD_API_EXCEPTION)

Incorrect format in the property file (HRPAYUS_CLD_BSI034)

Calculate property failed: binding 'Binding'; configuration '&1'. No access URL specified for binding Binding (configuration &2)
SRT_WSP205

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• HR Renewal
• SAP S/4 Hana
• SAP ERP 
• SAP SuccessFactors Employee Central Payroll

GET_BUSINESS_SYSTEM_ERROR, SLD_API_EXCEPTION, An error occurred when determining the business system, BSI TaxFactory Saas, Defined user credentials for BSI TaxFactory SaaS integration, CO_HRCUSCL_T11_BSITF11SERVICE, HRSFEC_BSI_LOGI_PORT, RPUCLDU0_BSI_GEN_LPORT, RPUCLDU0_BSI_SETTINGS, [TFVersion], [TF11Proxy], RPUCLDU0_BSI_GEN_LPORT, Incorrect format in the property file, RPUCLDU0_BSI_STORE_CREDENTIALS, HRPAYUS_CLD_BSI034, 3231061, Calculate property failed, binding, No access URL specified for binding. , KBA , PY-US-BSI , Tax Interface BSI , PY-US-CL , Cloud Tax Interface BSI , Problem