SAP ABAP Data Element PC10_DISTC (Distribution Code)
Hierarchy
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SAP_HRCUS (Software Component) Sub component SAP_HRCUS of SAP_HR
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PY-US (Application Component) USA
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PC10 (Package) HR accounting: USA
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Basic Data
| Data Element | PC10_DISTC |
| Short Description | Distribution Code |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | PC10_DISTC | |
| Data Type | CHAR | Character String |
| Length | 2 | |
| Decimal Places | 0 | |
| Output Length | 2 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Dist Code |
| Medium | 17 | Distribution Code |
| Long | 17 | Distribution Code |
| Heading | 5 | DCode |
Documentation
Definition
Definition
A code that describes the type of distribution. It is used by the IRS for tax reporting.
The seven distribution codes that are delivered by SAP are:
- 1: Early Distribution: Payment to employees who are receiving retirement distributions and have not reached the age of 59 years and 6 months.
- 2: Early distribution, exception applies - as defined in Section 72(q), (t), or (v).
- 3: Disability: Payments to employees who are eligible for disability payments from their retirement account
- 4: Death: Payments made to a decedent's beneficiary.
- 7: Normal Distribution: Regular distribution of funds to a retiree who is at least 59 years and 6 months old. This code is used if no other code applies.
- G: Direct Rollover to IRA: Use this code is used when the funds from the pension fund are transferred into an IRA.
- H: Direct rollover to a qualified plan or tax-sheltered annuity.
History
| Last changed by/on | SAP | 20030108 |
| SAP Release Created in | 470 |