How to use /PRA/FP_SOL - Maintain Statute of Limitations

SAP Transaction Code - Details

• Transaction Code: /PRA/FP_SOL

  Description: Maintain Statute of Limitations

  Release: S/4HANA and ECC 6

• • Program: /PRA/SAPLFP_SOL

    Screen: 100

    Authorization Object: S_TCODE

  • Development Package: /PRA/ONRR_2014

    Package Description: ONRR-2014

    Parent Package: /PRA/

  • Module/Component: IS-OIL-PRA

    Description: Production and Revenue Accounting

Smart SAP Assistant

• SAP Tcode: /PRA/FP_SOL - Maintain Statute of Limitations

  
  Overview:
  The SAP transaction code /PRA/FP_SOL is used to maintain the statute of limitations for tax returns in the SAP system. This code allows users to set up and manage the time period for which a tax return must be filed. 
  
  Functionality: 
  The /PRA/FP_SOL transaction code allows users to set up and manage the statute of limitations for tax returns in the SAP system. This code enables users to define the time period for which a tax return must be filed, as well as the conditions under which a return can be extended or waived. Additionally, this code can be used to view and edit existing statutes of limitation, as well as create new ones. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code /PRA/FP_SOL into the command field. 
  2. Select “Create” to create a new statute of limitation or “Change” to edit an existing one. 
  3. Enter the relevant information into the fields provided, such as the country, tax type, and filing period. 
  4. Select “Save” to save your changes or “Cancel” to discard them. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used by users with sufficient knowledge of SAP and taxation laws. Additionally, it is recommended that users consult with their local tax authorities before making any changes to their statute of limitations in order to ensure compliance with applicable laws and regulations.