What is tax form group in SAP PY-US - USA?

SAP Term: tax form group

• Component: PY-US

• Component Name: USA

• Description: The collection of all wage types and wage type values assigned to a tax form field. Used by the Tax Reporter component of US Payroll to map wage type values to the corresponding box on tax forms. To illustrate, tax form group 0001 contains all withholding tax wage types. Consequently, Tax Reporter uses this tax form group to map withholding data to Box 1 of Form W-2.

Smart SAP Assistant

• Key Concepts: 
  Tax form group is a component of the SAP Payroll module for the US USA. It is used to define the tax forms that are used to calculate taxes for employees in the US. It also defines the tax forms that are used to report taxes to the IRS. 
  
  How to use it: 
  The tax form group is used to define the tax forms that are used for payroll calculations and reporting. It can be accessed through the Payroll Configuration menu in SAP. Once in the configuration menu, select “Tax Form Group” and then select “Create”. From there, you can enter the details of the tax form group, such as the name, description, and tax forms that are included in the group. 
  
  Tips & Tricks: 
  When creating a new tax form group, it is important to make sure that all of the necessary tax forms are included in the group. This will ensure that all of the necessary taxes are calculated and reported correctly. Additionally, it is important to keep track of any changes made to the tax form group, as this could affect payroll calculations and reporting. 
  
  Related Information: 
  For more information on how to use and configure a tax form group in SAP Payroll for US USA, please refer to SAP Help documentation or contact your local SAP support team.