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cross financial year retro changes affecting Annual Gross

Hi,

Our client is following alternate financial which is March to Feb. When we execute payroll in March with Feb retro date, Annual gross amount (/416) is calculated incorrectly. Amount is getting double on actual amount.

Please suggest to resolve this.

Thanks,

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1 Answer

  • Apr 11 at 12:31 PM

    Hi Vijay,

    If there is a retroactive change in the Gross Salary (/416) of previous FY in the current FY, then the difference in the old /416 and new /616 is stored in /616 and this is added to the current Financial Year's /416. This can even cause a Section 89 relief formation. You can check more information about this at the following link:

    https://wiki.scn.sap.com/wiki/x/PCBiGg

    Best Regards,

    Aman

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