How to use S_ALR_87010095 - 1042 Reporting (USA)

SAP Transaction Code - Details

• Transaction Code: S_ALR_87010095

  Description: 1042 Reporting (USA)

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: RTTREE

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: S_ALR_87010095 - 1042 Reporting (USA)

  
  Overview:
  S_ALR_87010095 - 1042 Reporting (USA) is a SAP transaction code used to generate a report for the Internal Revenue Service (IRS) 1042-S form. This form is used to report income from non-resident aliens and foreign entities. 
  
  Functionality: 
  This transaction code allows users to generate a report that contains all the necessary information for the IRS 1042-S form. This includes information such as the payer’s name, address, and tax identification number, as well as the recipient’s name, address, and tax identification number. It also includes information about the type of income received, the amount of income received, and any applicable taxes withheld. 
  
  Step-by-step How to Use: 
  1. Enter transaction code S_ALR_87010095 - 1042 Reporting (USA) into the command field. 
  2. Enter the selection criteria for the report. This includes the company code, fiscal year, and other relevant information. 
  3. Select “Execute” to generate the report. 
  4. The report will be generated in an Excel format and can be saved or printed for filing with the IRS. 
  
  Other Recommendations: 
  It is important to ensure that all of the information entered into this transaction code is accurate and up-to-date in order to avoid any potential issues with filing with the IRS. Additionally, it is recommended that users consult with their tax advisors or other professionals when filing this form with the IRS to ensure that all of their reporting requirements are met.