on 10-01-2009 7:32 AM
Hi All,
My client want to make some payment but not through regular payroll run,
Is off cycle is the solution, then please guide me how do i configure the system for Off cycle payroll.
Regards,
Aman
Can you give details on what type of payment is this? whether, Bonus, lost check, mistakes in payroll? Configuration depends on this.
Regards
Chandrashekar.V
Edited by: chandra.saphr on Oct 1, 2009 9:00 AM
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi Aman,
Tax computation of off-cycle payment will happen through INBTD Payroll function.
So if you want deduction for that then u have to configure INBTD accordingly as mentioned below -
Parameter 1 -
This parameter determines the bonus calculation method for an off-cycle payroll run. There are five calculation methods available
for bonus calculations.
BON1. BON2, BON3, BON4 AND BON5. (check and configure as per the requirment)
Parameter 2 -
here you have to maintain the Tax Code. In the SAP system, the standard Tax Code for bonus is SBON. You can however, maintain your own Tax Codes for bonus.
If the wage type is not a bonus wage type, the function will not deduct any tax from the bonus payment. The bonus wage type for the employee is based on his/her Pay Scale Grouping for Allowances.
You maintain the bonus wage type in the table view V_T7INA9, and the tax code for bonus in the table view V_T7INT9.
Parameter 3 -
The parameter 3 checks the tax deductible on the off-cycle bonus payment and limits the same to the tax liability of the employee. If the parameter has the value as X, the function checks for and limits the tax deductible on the off-cycle bonus.
If you do not maintain the value as X for the Param 3, the function will compute the Tax Deductible at Source for the off-cycle bonus payment, without checking the tax liability.
For more details, go through the documentation of the INBTD payroll function.
Regards,
Praveen
PS Don't forget to uncomment INBTD for offcycle in ur schema.
Hello Aman,
Yes, It can be paid out through Offcycle Run...
You need to created IT0276 record with the payment amount and pay date and then excute the Off cycle payroll.
Hope it helps.
Regards
Sonu Gupta
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
91 | |
10 | |
10 | |
6 | |
5 | |
5 | |
5 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.