SAP Note 142218 - HR-PT: Update of IRS tables (LCP)

Component : Portugal -

Solution : https://service.sap.com/sap/support/notes/142218 (SAP Service marketplace login required)

Summary :
The SAP note introduces updated IRS rate tables for tax deduction in the fiscal year across specific SAP versions and advises customers on their implementation. It includes updates to table T5P1R with entries relevant to tax rates for various regions in both PTE and EUR currencies. After updating, a retroactive calculation starting from January of the current year is necessary to correct the tax deductions already applied. The corrections are delivered via Local Change Packages (LCP), detailed per version and year, ensuring accurate tax processing in SAP HR systems. Customers are directed to successfully update their systems using the provided LCP information.

Key words :
updated table entries, current fiscal year, terms table t5p1r, table t5p1r, actual year, irs tables, tax deduction, retrocalculation fromjanuary, tax deductions, lcp includes

Related Notes :

712368HR-PT: New table T5P1P for IRS since 2004
712333HR-PT: Upload of IRS tables 2004 into T5P1P
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496680
403183CONSULT.: HCM Portugal - Consulting Notes
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142221