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IT0221 - Company code Override

Hi Experts,

I am trying to understand how the tax overrides on IT0221 screen work.

We have a requirement where the employee belongs to say comp. code A on IT001 and has cost center A. If i need to process any adjustments using IT0221 and there is actually no charge, but for reporting on W2 purposes, i need the wage types processed on IT0221 to be now charged to a different company code. Does this mean i just enter my new Tax company say B in Tax company field under tax override on IT0221 ? When this It0221 is processed will it do taxation and report to company B?

Also, i see cost assignment field - with additional inputs available such as cost center and company code. Now for my requirement, i need to make sure the adjusted amounts are added to tax company B W2. Do i need all tax company, cost center and company code info to make this change?

Or just mentioning tax company information is enuf to report the adjustments to that company code w2? how do i validate what is reported and to which company code?

Please suggest.

Thanks a ton,


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1 Answer

  • Posted on Aug 12, 2009 at 10:25 AM


    Before using the Tax company override the employee should have WT in that tax company. Say example, a employee is transferred from one tax company(A) to another(B), after the transfer you found that Prior tax company(A) some WT is incorrect. You want adjust it for this, you can use IT 221 with adjustment amount for prior tax company(A) by entering the prior tax company(A) in Tax company override field, So it will adjust the prior tax company(A) WT values not the current tax company(B). So when W2 is run for both the Tax company it will show correct value adjustment for correct tax company.

    With Regards,


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