LIC details

[Former Member]

Hi Friends,

I have some confusion over updating LIC details in master data.

I entered all the details in 0037. But, the premium deduction was not affected in Payroll.

Then I created a wage type & premium assigned to this wage type & entered in 0008.

Now, premium is deducted from gross salary. One of my friend suggested to enter LIC details in 0185 - personnel IDs.

Client is reqd. a report with individual policy nos. with premium amt.

can anyone tell me where I can store LIC details so that I can get all the details to generate a report.

Thanks in advance.

Regards

[Former Member · Accepted solution]

halo manjunath

third party membership fees types are created in IT0057(Membership fee).there u can maintain every thing like premium amt, policy no, dates for deduction.

u can get the reports also from that infotype.

check it out.

regards

Ramesh

[Former Member]

Hi Manjunath,

In infotype 57 you can maintain any third party deduction which are in regular fixed in nature. In this you can configure different types of subty say INSURANCE, CLUB, GPF etc. And under each subty say under INSURANCE you would be able to record the follwoing information such as

1. Wagetype

2. Payee key (name of third party to whom payment has top be made)

3. Membership number (Here you can maintain LIC Policy number)

4. Membership Fee (i.e. Monthly insurance premium deduction amount)

This is a good facility SAP is providing in the system.

Hope this is helpful for you.

Regards,

Devojit

[Former Member]

Hi Manju,

Please enter your LIC in Member ship infotype that is IT 0057

this will help you.