Dear Experts,
I have a requirement to deduct service tax from basic salary if employee does not serve full notice period in the organization. The requirement is as below in detail:
1. The amount(Y) for shortfall will calculated as: (Basic salary*No. of days of notice period shortfall)/30.
This will give amount(Y) of notice period recovery and can be put in IT15.
2. Apart from this there will be three other types of service taxes applicable:
A) Service Tax payable Basic- This will be calculated as Y/1.14
B) Service Tax Payable K Cess - This will be calculated as Y*0.005
C) Service Tax payable Swach Bharat Cess - This will be calculated as Y*0.005
D) The total of A, B & C will be added and subtract from Y. Result will be say X
These above four A, B, C & D different amounts will be posted to four different G/L accounts in posting.
I want to write a PCR through which I can get amount for all Y, A, B, C & D.
Pls help as my Go-Live is next week and I got this reqt. now from FI department.
Thanks
Megha
Please confirm using time evaluation or not this can be handled with the help of time schema and we should maintain details notice period end date then accordingly we can place the logic in the system.
Regards
Venkatesh
Hi,
Please create two date types in IT0041 one for start of notice period and one for separation date.
1. Find out the days between Joining date and start of notice period
2. Find out the days between Joining date and separation date.
3. Find the difference between 2 and 1 ( 2-1) and compare that with notice period days
Add a comment