/550 and /560 Wage Type

[Former Member]

Dear Experts,

When are these two wage types used? can u explain? I am getting confused, as in Z report I need to map. In some employees, Payslip shows /560 amount as net pay and in some /550 amount as net pay. how to identify this for mapping this in Z report??

Regards,

Bhagyashree

[Former Member · Accepted solution]

Hi,

/550 - comes from /101 (PCR X023) by calculating all the statutory parts.

/560- by adding /101 to the /550.

        /550+/110(PCR X024) = /560.

What you want to fetch  in your report?

Regards,

Vijay Kumar

[Former Member · Accepted solution]

Thanks for the reply. I want to fetch the Net pay Column in Z report.

Thanks and Regards,

Bhagyashree

[Former Member · Accepted solution]

Hi Bhagyashree,

Didn't Vijy response is the answer to your question?

I don't see any infomation about "/550 and /560 Wage Type" in your own response.

Regards

Bill