Advance WT Processing

[SAPSF6]

Hi All,

We have  a scenario for calculating LTA Adv + LT actual Pay with Tax :

LTA Policy:

LTA Calculation:

LT A is one month gros salary,  employee is eligible every year.

LT tax is 10%.

Scenario:
Employee can take LTA Advan, in this case Employee taking LTA advance in 2013 for LTA 2014.

Eg:
LTA is Rs. 5000
LTA tax Rs 500(10% of 5000)
LTA adv taken in 2013 is Rs 1000.

So when we process LTA of 2014, in feb 2014 its should consider LTA advance also

Means LTA of 2014 will be : (5000-500)- 1000(Adv) = 3500

Till LTA TAx calculation we manged in PCR , How  we can process this LTA adv ded in PCR.

SK

[sikindar_a · Accepted solution]

Are u maintaing LTA and LTA advance in two different wage types if yes .... LTA Advance :- 1000 Rs  Wage type XXXXX * YYYY (LTA) AMT-CYXXXX  subract the lta advace from the LTA this should solve your issue             XXXX (LTA Advance will be stored in CRT table)      

[SAPSF6 · Accepted solution]

Resolution- going for cutom function after calculating LTA tax