PF Calcution

[Former Member]

Hi Friends,

For few employees PF should be calculated on 40 % of Basic pay.

Example : Basic Pay = 10,000/-

PF = 12 % of 4,000 (40% of 10,000)

= 480/-

Can any one give solution for this.

Thanks in advance

Regards

[Former Member · Accepted solution]

hi

i think in ur case it is not PF, VPF (voluntary provident fund)

VPF deduction is depends on employee.

on this deduction no employer contribution will be there.

onely % of interest he will get from the PF trust.

if the case is like VPF, then go for deduction wage type.

[Former Member · Accepted solution]

Hi Saathi,

Please try to understand my requirement.

For few employees, PF calcualation is 12% on 40% of basic pay.

For example, basic pay is Rs.1,00,000/-, then only Rs.40,000/- is to be considered for PF calculation.

VPF means, employee will be direcly contributing towards PF.

This is not VPF

Regards

[Former Member · Accepted solution]

IS IT POSSIBLE

if all these kind of employees belongs to one group or subgroup

create one wage type which is the 40% of basic wage type

and try to calculate PF on this wagetype.

[Former Member · Accepted solution]

Hi Saathi,

Thanks for reply.

But this leads to more complication. There will be double entry for gross.

Moreover, I may have to create different wage for basic & should be eliminated from PF calculation.

Another wage for PF calcualtion & should not be considered for Gross.

I am trying with User exit Allowence grouping.

Any way, I let you know once I find feasible solution for this issue.

Regards

[sikindar_a]

PF is standard one 12 % on Basic or 6500 which ever is less

can u tell ur Business requirement

[Former Member]

Hi Sikhander,

Thanks for reply.

I know the statutory rule for PF.

I have given the requirement with example. It is unique. Any suggestion.

Regards

[Former Member]

I strongly belive there is no solution in standard SAP

either You need to go for PCR or go for user exit to get it done.

Regards

[Former Member]

Try to change in the pf calculation with abaper help at back end

[Former Member]

Hi Anu,

Thanks for your reply. But this calculation is for only few employess. I cannot change entire process. PF is as per stautory requirement. I am trying to make use of Allowence grouping. If it works, I'll post the solution.

Regards