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Former Member

/550 and /560 Wage Type

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

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    author's profile photo Former Member
    Former Member
    Posted on Jan 07, 2014 at 08:51 AM

    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

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