How to use /PRA/TA_LEVY - Maintain Colorado Levy Rate

SAP Transaction Code - Details

• Transaction Code: /PRA/TA_LEVY

  Description: Maintain Colorado Levy Rate

  Release: S/4HANA and ECC 6

• • Program: /PRA/SAPLTA_LEVY

    Screen: 100

    Authorization Object: S_TCODE

  • Development Package: /PRA/TAX_CO

    Package Description: Tax 2.0 - Colorado Tax

    Parent Package: /PRA/TAX

  • Module/Component: IS-OIL-PRA

    Description: Production and Revenue Accounting

Smart SAP Assistant

• SAP Tcode: /PRA/TA_LEVY - Maintain Colorado Levy Rate

  
  Overview:
  The SAP transaction code /PRA/TA_LEVY is used to maintain the Colorado Levy Rate. This rate is used to calculate the amount of taxes that must be paid by employers in the state of Colorado. The rate is determined by the Colorado Department of Revenue and is updated periodically. 
  
  Functionality:
  The /PRA/TA_LEVY transaction code allows users to view and update the current Colorado Levy Rate. It also allows users to view a history of past rates and to view any changes that have been made to the rate. 
  
  Step-by-step How to Use:
  1. Enter the transaction code /PRA/TA_LEVY into the command field. 
  2. The current Colorado Levy Rate will be displayed on the screen. 
  3. To update the rate, enter the new rate into the “New Levy Rate” field and click “Save”. 
  4. To view a history of past rates, click on “History” in the menu bar. 
  5. To view any changes that have been made to the rate, click on “Changes” in the menu bar. 
  
  Other Recommendations:
  It is important to keep track of any changes that are made to the Colorado Levy Rate as this can affect how much taxes employers must pay in the state of Colorado. It is also important to ensure that all employees are aware of any changes that are made so that they can accurately calculate their taxes.