How to use PTKC_NONREG_PAY_FED - Fed. Tax Calculator: Regular/Bonus

SAP Transaction Code - Details

• Transaction Code: PTKC_NONREG_PAY_FED

  Description: Fed. Tax Calculator: Regular/Bonus

  Release: S/4HANA and ECC 6

  Menu Path:

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

• • Program: SAPMPTKC

    Screen: 2200

    Authorization Object:

  • Development Package: PC07

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PTKC_NONREG_PAY_FED - Fed. Tax Calculator: Regular/Bonus

   Payments
  
  Overview: 
  PTKC_NONREG_PAY_FED is an SAP transaction code used to calculate federal taxes for regular and bonus payments. It is part of the Payroll Tax Calculation (PTKC) module, which is used to calculate payroll taxes for employees. 
  
  Functionality: 
  This transaction code allows users to calculate federal taxes for regular and bonus payments. It takes into account the employee's tax status, income, deductions, and other factors to accurately calculate the amount of taxes due. The results of the calculation can then be used to adjust the employee's payroll taxes accordingly. 
  
  Step-by-step How to Use: 
  1. Enter the employee's tax status, income, deductions, and other relevant information into the system. 
  2. Select PTKC_NONREG_PAY_FED from the list of available transaction codes. 
  3. The system will then calculate the federal taxes due for regular and bonus payments based on the information provided. 
  4. The results of the calculation can then be used to adjust the employee's payroll taxes accordingly. 
  
  Other Recommendations: 
  It is important to ensure that all relevant information is entered accurately into the system before running this transaction code. This will ensure that the results of the calculation are accurate and that any adjustments made to the employee's payroll taxes are correct. Additionally, it is recommended that users familiarize themselves with all relevant laws and regulations regarding payroll taxes before using this transaction code.