How to use PTKC_REG_PAY_FED - Federal Tax Calculator: Pay period

SAP Transaction Code - Details

• Transaction Code: PTKC_REG_PAY_FED

  Description: Federal Tax Calculator: Pay period

  Release: S/4HANA and ECC 6

  Menu Path:

  • Human Resources > Payroll > Americas > Canada > Calculators > Federal tax only > Regular pay period income

• • Program: SAPMPTKC

    Screen: 2000

    Authorization Object:

  • Development Package: PC07

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PTKC_REG_PAY_FED - Federal Tax Calculator: Pay period

   registration
  
  Overview:
  PTKC_REG_PAY_FED is an SAP transaction code used to register a pay period for federal tax calculation. This code is used to calculate the amount of taxes due for a given pay period. It is part of the Payroll module in SAP. 
  
  Functionality: 
  PTKC_REG_PAY_FED allows users to register a pay period for federal tax calculation. This code calculates the amount of taxes due for a given pay period and stores the information in the payroll system. It also allows users to view and edit the tax information for a given pay period. 
  
  Step-by-step How to Use: 
  1. Log into SAP and navigate to the Payroll module. 
  2. Select the PTKC_REG_PAY_FED transaction code. 
  3. Enter the pay period information, such as start date, end date, and number of days in the period. 
  4. Enter any additional information, such as employee name, employee number, and tax rate. 
  5. Click “Calculate” to calculate the amount of taxes due for the given pay period. 
  6. Review and edit any information as needed. 
  7. Click “Save” to save the information in the payroll system. 
  
  Other Recommendations: 
  It is important to review all information entered into PTKC_REG_PAY_FED before saving it in the payroll system, as incorrect information can lead to inaccurate tax calculations and incorrect payments to employees or government agencies. Additionally, it is important to ensure that all employees are registered in the payroll system before using this transaction code, as it will not calculate taxes for unregistered employees.