on 06-12-2009 9:36 PM
Hi All,
I am configuring tax type, tax authority, tax model, can anyone tell me how we will attach all this things to Processing class of any wage type.
I have checked in my existing wage type PC71, but it is not there.
Thanks,
Kumar
The tax class in your tax model is the specification for processing class.
If you used the existing tax class in your model no need to do any thing, based on PC71's value , the tax model will be called. And the taxes will be accumulated to respective tax types / tax auth.
If you creating a new tax class in your model , then that value will appear in PC71's value. The tax model will be called based on this new value you are selecting for any wagetype.. And the taxes will be accumulated to respective tax types / tax auth.
Thanks,
Amosha
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Hi,<br> You define new specification for processing classes using below node: >Payroll: USA >>Basic Settings >>>Environment for Maintaining Wage Types >>>>Processing Classes and Evaluation Classes >>>>>Maintain processing classes and their specifications Table:V_T52D1 Please provide fdbk and let me know whether its working fine. Good luck<br><br> Thanks, Amosha <br><br>"Known is a drop & unknown is an ocean!"
Hi,
This work I will start within a day or two, I don't think I have to create new specification class, I will use existing one only.
about Federal income tax, I have analysed that only I need to put in regular income in one processing class, is that correct?
I will update you with any query if i am stuck, I really appreciate your help.
Regards,
Kumar
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