How to use PC00_M08_CPENS - Total Pension Contribs for Tax Year

SAP Transaction Code - Details

• Transaction Code: PC00_M08_CPENS

  Description: Total Pension Contribs for Tax Year

  Release: S/4HANA and ECC 6

  Menu Path:

  • Human Resources > Payroll > Europe > United Kingdom > Subsequent activities > Period-independent > Lists/statistics > Total Pension Contributions for the Tax Year

• • Program: RPCPENCONG0

    Screen: 1000

    Authorization Object:

  • Development Package: PC08

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PC00_M08_CPENS - Total Pension Contribs for Tax Year

  
  Overview: 
  PC00_M08_CPENS is a SAP transaction code used to calculate the total pension contributions for a tax year. It is used to determine the amount of pension contributions that can be deducted from an employee’s taxable income. 
  
  Functionality: 
  This transaction code allows users to calculate the total pension contributions for a tax year. It takes into account the employee’s salary, pension contributions, and other deductions. The results of the calculation are then used to determine the amount of pension contributions that can be deducted from an employee’s taxable income. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code PC00_M08_CPENS in the command field. 
  2. Enter the employee’s salary and other deductions in the appropriate fields. 
  3. Enter the amount of pension contributions made by the employee in the appropriate field. 
  4. Click “Calculate” to generate the total pension contributions for the tax year. 
  5. The results will be displayed in a table format, showing the total pension contributions for each month of the tax year. 
  6. The total pension contributions can then be used to determine the amount of pension contributions that can be deducted from an employee’s taxable income. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used for calculating total pension contributions for a tax year and should not be used for any other purpose. Additionally, it is recommended that users consult with their accountant or financial advisor before using this transaction code to ensure accuracy and compliance with applicable laws and regulations.