I have an issue updating a taxonomy meta data field using the SharePoint document event. I have tried the exact same thing with the SharePoint List Item wizard and for that it works.

The meta data field I want to update is managed meta data, I enter the GUID of the term. When the workflow runs I get the error: Server was unable to process request. ---> Value does not fall within the expected range

First I taught the wizard wanted another value than the term GUID but that's not the case since the same workflow works perfectly on a list item.

Anyone any ideas what else I could try? I've logged this issue on the portal as well.