on 02-20-2015 2:16 PM
Hi,
I have run payroll for Jan. 9W03 is conveyance wage type in IT 0008 with amount 36000.
800 is the exemption limit. 2400 should be exempted.
In IT 583 No vehicle is selected so only V_T7INC9 table is maintained with 6 (No vehicle)
I am confused about what specific processing,cumulation, evaluation classes for wage types 9W03, /3C4, /4E3 etc are to be maintained.
(Recently I faced same query while trying HRA exemption and there for HRA wage type 9W02 I had cumulation Basis checked, Exemption u/s 10 unchecked and for /114 I had processing class 4 and 30 as not blank.)
Please specify for Conveyance wage type 9W03 what should I try and for payroll generated wage types like /3C4 and /4E3 or any other what should i try as far as processing and cumulation classes are concerned.
regards
amit soman
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Hi,
Venkatesh you are genious.
4-6 worked for conveyance wage type 9W03
actually Basic wage type 9W01 had 4-0. HRA wage type 9W02 had 4-6. I was concentrating on aspects where 9W01 and 9W02 has similar and 9W03 did not have it. So I ignored Processing class 4.
However now I realise that for 9W01 4-6 is not needed it is needed for 9W02 & 9W03 where some related processing is involved.
Hope you understand what I am trying to say.
regards
amit soman
Hi Amit,
Please confirm, which tax code you have assigned in table V_T7INT9 for Coneyance wage type(9W03), and check in V_T7INA9 table this conveyance wage type(9W03) is placed for respective allowance groups, and in car and conveyance configuration(in eligibility config table) which wage type you have assigned against allowance groups.
With regards,
Venkat Polisetty.
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Hi Amit,
In table V_T7INC9 wg]hich wage type you have maintained. You should maintain 9W03 wage type in this wage type field along with from and end date.
Please confirm in V_T7INA9 table you have maintained this conveyance wage type(9W03) against relevant allowance grouping.
With regards,
Venkat Polisetty.
Go through below points as well.
The internal table CCO is processed to arrive at the perquisite or
exemption. The processing results in the following wage types as
applicable to an employee.
/3C1 Annual car perk
/3C2 Annual driver perk
/3C3 Conveyance amount monthly
/3C4 Conveyance monthly exemption
/4E3 Conveyance annual exemption
The perquisite value/rates as captured by payroll function P0583 are made use of in calculating the perquisites. The perquisite values being prorated to the factor which represents the part of the financial year.
The exemption calculation proceeds according to the eligibility wage type as defined for the conveyance type in V_T7INC9. The wage type is selected based on the relevant payscale grouping for allowances(AlGrp).
The allowance amounts are prorated according to WPBP splits and compared with similarly prorated exemption limits defined in V_T7INT9.
The minimum of the eligibility amount and exemption limit being exempt from tax. In case of challenged employees the limit as defined in V_T511P(CHGEX) is instead used as limit.
Regards
Venkatesh
When i look at your screen shot 9W03 is maintained in IT0008 later in Out put table i could not able to see wage type 9W03 it should be available in Input table for calculation of /3C4 check whether it is available in Input table or not if not maintain the processing classes similar to 9W02 then it works.
Regards
Venkatesh
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