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Base wage type valuation basic query

Hi experts,

i have attached scrren shot in which valuated WT and base WT is same with seq 1 & 2 and percentages 50 & 60 respectively.

Is this configuration useful? how and where can i use it.

Please note I am asking for application of scenario where both WTs are similar in 2 sequences with varying percentages.

regards

amit soman

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    author's profile photo Former Member
    Former Member
    Posted on Dec 29, 2014 at 04:59 AM

    Hi Amit,

    It is generally used in IT0008..

    ex:-

    HRA WT = 50% of Basic WT...

    So you will maintain as you have mentioned earlier ...

    Valuated WT is HRA

    "Please note I am asking for application of scenario where both WTs are similar in 2 sequences with varying percentages."

    If Start Date & End Date are same in both options Then ...Not Possible...

    If Start Date & End date are different Then Yes it possible...

    e.g.

    Keeping Wage Types constant....

    sequence Start Date End Date Percent

    1 01.01.2010 31.12.2010 50.00

    2 01.01.2011 31.12.9999 60.00

    Regards,

    Veeram

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  • Posted on Dec 27, 2014 at 09:53 AM


    paint1.JPG (17.7 kB)
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  • author's profile photo Former Member
    Former Member
    Posted on Dec 29, 2014 at 05:15 AM

    Dear Amit,

    You have to use different wage types if you have two different %. Create 2 Basic Wage Types and assign 50% to one wage type and 60% to other wage type.

    Regards

    Ravi Kumar

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