on 06-10-2016 6:08 AM
Hi,
I am not able to understand what is difference between /106 -Taxable Earnings and /120 Income-Taxable.
Appreciate if you can throw some light on this.
Regards
KP
Hello KP,
/106
This wagetype stores the taxable gross after deduction of all exemptions, other than donations.
/120
This wagetype is used to calculate amounts paid or payable to an employee for services performed.
Salaries
Wages.
Basically, /120 does not minus the exemptions and all which /106 does.
Best Regards,
Deepak..
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Hello KP,
Which country are you talking about right now?
Best Regards,
Aman
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