How to use PC00_M16_T5W2Q - Close the tax year

SAP Transaction Code - Details

• Transaction Code: PC00_M16_T5W2Q

  Description: Close the tax year

  Release: S/4HANA and ECC 6

  Menu Path:

  • Human Resources > Payroll > Africa > South Africa > Subsequent Activities > Annual > Reporting > Tax Certificates > Close the tax year

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: PC16

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PC00_M16_T5W2Q - Close the tax year

  
  Overview: 
  The SAP transaction code PC00_M16_T5W2Q is used to close the tax year in the SAP system. This transaction code is used to ensure that all tax-related data is up-to-date and accurate. 
  
  Functionality: 
  This transaction code allows users to close the tax year in the SAP system. This ensures that all tax-related data is up-to-date and accurate. It also allows users to view and edit any existing tax data, as well as create new tax records. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code PC00_M16_T5W2Q into the command field. 
  2. Select the “Close Tax Year” option from the menu. 
  3. Enter the relevant information for the tax year you wish to close. 
  4. Confirm your entries and save your changes. 
  5. The tax year will now be closed in the SAP system. 
  
  Other Recommendations: 
  It is important to ensure that all tax-related data is up-to-date and accurate before closing a tax year in the SAP system. It is also recommended that users review any existing tax records before closing a tax year, as this will help ensure accuracy and prevent any potential errors or discrepancies.