How to use J1S] - IS-M: CH: Annual WEMF Update

SAP Transaction Code - Details

• Transaction Code: J1S]

  Description: IS-M: CH: Annual WEMF Update

  Release: ECC 6 only

• • Program: J_1SWF01

    Screen: 0

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Smart SAP Assistant

• SAP Tcode: J1S] - IS-M: CH: Annual WEMF Update

  
  Overview:
  The SAP transaction code J1S] - IS-M CH Annual WEMF Update is used to update the annual withholding tax rate for the Withholding Tax Master File (WEMF) in Switzerland. This transaction code is used to ensure that the correct withholding tax rate is applied to all payments made to vendors in Switzerland. 
  
  Functionality: 
  The J1S] - IS-M CH Annual WEMF Update transaction code allows users to update the annual withholding tax rate for the Withholding Tax Master File (WEMF) in Switzerland. This transaction code ensures that the correct withholding tax rate is applied to all payments made to vendors in Switzerland. The updated rate will be applied to all payments made after the date of the update. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code J1S] - IS-M CH Annual WEMF Update into the command field. 
  2. Enter the new withholding tax rate into the appropriate field. 
  3. Confirm the new rate by pressing enter or clicking “OK”. 
  4. The new withholding tax rate will be applied to all payments made after the date of the update. 
  
  Other Recommendations: 
  It is important to ensure that the correct withholding tax rate is applied to all payments made to vendors in Switzerland. To ensure accuracy, it is recommended that users review and update the Withholding Tax Master File (WEMF) annually using this transaction code.