How to use PC00_M44_IR_RECO - Reconciliation

SAP Transaction Code - Details

• Transaction Code: PC00_M44_IR_RECO

  Description: Reconciliation

  Release: S/4HANA only

  Menu Path:

  • Human Resources > Payroll > Europe > Finland > Subsequent activities > Per payroll period > Reporting > Incomes Register > Reconciliation

• • Program: HFIIRRECO

    Screen: 1000

    Authorization Object:

  • Development Package: PC44_KATRE

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PC00_M44_IR_RECO - Reconciliation

   of IR Accounts
  
  Overview:
  This SAP transaction code, PC00_M44_IR_RECO, is used to reconcile the accounts of the Internal Revenue Service (IRS). It is used to ensure that the accounts are in balance and that all taxes are paid correctly. 
  
  Functionality: 
  This transaction code allows users to compare the accounts of the IRS with their own records. It also allows users to view any discrepancies between the two sets of records and make corrections as needed. The transaction code also allows users to view any outstanding payments or refunds due from the IRS. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code PC00_M44_IR_RECO into the SAP system. 
  2. Select the appropriate fiscal year for which you would like to reconcile your accounts. 
  3. Enter your company’s tax ID number and select “Reconcile”. 
  4. Review any discrepancies between your records and those of the IRS and make corrections as needed. 
  5. Once all discrepancies have been resolved, select “Save” to save your changes. 
  6. Select “Print” to print a copy of your reconciliation report for your records. 
  
  Other Recommendations: 
  It is important to regularly reconcile your accounts with those of the IRS in order to ensure that all taxes are paid correctly and on time. Additionally, it is recommended that you keep a copy of your reconciliation report for your records in case you need to refer back to it in the future.