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Former Member

Retro restriction (For the previous year only) for the Accrual wage type.

Hi Gurus,

We have a Bouns WT for Accrual (20 % Basic – calculation through PCR)for the Bonus which pays annually. Accrual will happen every month and payment will be every year end.

This Bonus Accrual WT not added to Gross and not paying to employee every month –FYI

If there is a change in basic with effect from past retro amount calculates and posting in to FI as normal and this not a part of /552

Now we have a requirement that if there is retro with effect from previous year i.e salary increment from 01.08.2016, then retro should not happen for the year 2016 for the bonus Accrual WT since 2016 Bonus already settled and now we started 2017 Accrual. Retro should start from 01.01.2017 only (System should ignore the retros this WT for the year 2016). For rest of the WT’s ie other than Accrual WT should work as normal retro accounting theory.

What will be the best option for achieving this requirement?.

Athyasannanaya Oru Rogi...

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