How to use PTKC_ANU_PAY_FED - Federal Tax Calculator: Annual

SAP Transaction Code - Details

• Transaction Code: PTKC_ANU_PAY_FED

  Description: Federal Tax Calculator: Annual

  Release: S/4HANA and ECC 6

  Menu Path:

  • Human Resources > Payroll > Americas > Canada > Calculators > Federal tax only > Regular annual income

• • Program: SAPMPTKC

    Screen: 2100

    Authorization Object:

  • Development Package: PC07

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PTKC_ANU_PAY_FED - Federal Tax Calculator: Annual

   Payment
  
  Overview: 
  PTKC_ANU_PAY_FED is a SAP transaction code used to calculate the annual payment of federal taxes. It is part of the SAP Tax Calculation (PTKC) module, which provides a comprehensive set of tools for calculating taxes. 
  
  Functionality: 
  This transaction code allows users to calculate the annual payment of federal taxes. It takes into account the user’s income, deductions, and other factors to determine the amount of taxes due. The calculation is based on the current tax laws and regulations in the user’s country. 
  
  Step-by-step How to Use: 
  1. Enter the PTKC_ANU_PAY_FED transaction code in the command field. 
  2. Enter your income and deductions in the appropriate fields. 
  3. Select any additional options that apply to your situation (e.g., filing status, number of dependents). 
  4. Click “Calculate” to generate your federal tax payment amount. 
  5. Review the results and make any necessary adjustments before submitting your payment. 
  
  Other Recommendations: 
  It is important to note that this transaction code only calculates federal taxes; it does not take into account any state or local taxes that may be due. Additionally, it is recommended that users consult with a tax professional if they have any questions or concerns about their tax situation.