I need to configure LTA and Medical payments with eligibility for one of our Indian clients. We have already configured dummy WTs 9LTA & 9MED for indirectly valuating annual values based on Basic Pay (9MED is constant INR 15000 p.a. and 9LTA = one month Basic = 9BAS/12 = 1BAS).
We have created payment WTs for LTA and MED (1LTA & 1MED). Now, let us consider the case of an employee joining in mid-year (say 1st October 2013) with Annual Basic (9BAS) = INR 12,00,000. His Basic Pay p.m. (1BAS ) = 9BAS/12 = INR 1,00,000. 9LTA = 1 month Basic Pay = INR 1,00,000.
I am planning to write a PCR to resolve these issues. I intend to calculate monthly value of annual LTA eligibility (9LTA) within my PCR during each payroll run by dividing 9LTA by 12 and accumulating the same in another actual eligibility WT 9LTR (say). Am I on the right track? Please provide your opinion. I feel this can be resolved using PCRs and no ABAP development is required.