How to use PFM_12FIRET - Withholding posting

SAP Transaction Code - Details

• Transaction Code: PFM_12FIRET

  Description: Withholding posting

  Release: S/4HANA only

• • Program: PFM_12FIRET

    Screen: 0

    Authorization Object:

  • Development Package: PFM_LOCALIZATION

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PFM_12FIRET - Withholding posting

  
  Overview:
  PFM_12FIRET is an SAP transaction code used for Withholding posting in the FI module of SAP. It is used to post withholding tax amounts to vendor accounts. 
  
  Functionality: 
  This transaction code allows users to post withholding tax amounts to vendor accounts. It also allows users to view the withholding tax amounts that have been posted and to make changes if necessary. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code PFM_12FIRET in the command field. 
  2. Enter the withholding tax amount and select the vendor account to which it should be posted. 
  3. Select the posting date and enter any additional information that may be required. 
  4. Click “Post” to post the withholding tax amount to the vendor account. 
  5. To view the posted withholding tax amounts, click “Display” and enter the relevant information. 
  6. To make changes, click “Change” and enter the relevant information. 
  7. Click “Save” to save any changes made. 
  
  Other Recommendations: 
  It is important to ensure that all withholding tax amounts are posted correctly and accurately in order to avoid any potential issues with taxation authorities or vendors. It is also important to ensure that all relevant information is entered correctly when posting withholding tax amounts, as this can affect how they are reported for taxation purposes.