I want bonus amount to be posted into separate G/Ls,salary payable as well as bonus payable

[sudhansu4sap]

I want bonus amount to be posted into separate G/Ls,salary payable as well as bonus payable during off cycle run.So that client can maintain separate G/Ls for the both. This is for internal reporting purpose.

[Sanky]

Hi Sekhar,

Bonus payment would be included into Bank transferred /559 wage type and which is reported to Salary payable account and at the same time Bonus payment wage type has to be linked to with expense account that you can take as separate G/L account not clubbed with other expense account (like Basic, HRA etc) . Then user can get the correct G/L account reporting FI side.

Regards,

Sankarsan

[sudhansu4sap]

Hi, Sankarsan,

Can you please elaborate this through steps. In my client place, /560 is assigned with-- T110 (symbolic account) --assigned with G/L-(30302620) salary payble. During regular payroll run, all my pay components are getting posted to Salary payable G/L successfully. Now the requirement is, during off-cycle payroll run, client wants all off-cycle components e.g. bonus, LTA. leave encashment, reward scheme etc. to be posted summarizedly in to salary payable G/L, as well as to be posted individually in to separate G/Ls ( bonus payable, LTA payable etc.)

This is an urgent basis...would you please elaborate in details step wise.

Thanks..

[Former Member]

In V_512W_D you need to uncheck cumulations (Total Gross Amount & Net Payments/Deduction)

After that create two symbolic accounts with Expense and Balance Sheet category. Assign both symbolic accounts to Bonus WT.

Rating solution will be highly appreciated.

[sudhansu4sap]

Hi, Iqbal,

Can you please elaborate this through steps. In my client place, /560 is assigned with-- T110 (symbolic account) --assigned with G/L-(30302620) salary payble. During regular payroll run, all my pay components are getting posted to Salary payable G/L successfully. Now the requirement is, during off-cycle payroll run, client wants all off-cycle components e.g. bonus, LTA. leave encashment, reward scheme etc. to be posted summarizedly in to salary payable G/L, as well as to be posted individually in to separate G/Ls ( bonus payable, LTA payable etc.)

This is an urgent basis...would you please elaborate in details step wise.

Thanks..

[Former Member]

You are trying to say at the time of Off Cycle Payroll posting you want payable amount in salary payable G/L and Separate Payable G/Ls as well. If Yes then please discuss it with your FI team member your Liability (Payable) side in balance sheet will reflect amount twice.