Three Federal Tax Calculators have been added to calculate the total amount of federal tax levied upon employee income based upon province of employment, number of pay periods, date and current period, spousal status, number of dependants, earnings, deductions and credits.
To access the Federal Tax Calculator for
regular pay period income,
execute transaction PTKC_REG_PAY_FED.
To access the Federal Tax Calculator for
regular annual income,
execute transaction PTKC_ANU_PAY_FED.
To access the Federal Tax Calculator for
regular and bonus income,
execute transaction PTKC_NONREG_PAY_FED.
The Federal Tax Calculators have no effect on existing data.
No data transfer is required to use the Federal Tax Calculators.
The Federal Tax Calculators have no effect on system administration.
No customizing is required to use the Federal Tax Calculators.