Child education Alowance

[Former Member]

Dear All,

I h doing configuraion of child educationa allowance.

I have created 1 wage type in IT 8 with amount defauled to 200.

I have maintained 1 child in 21 infotype.

And done the required setting now when i m running payroll,

It calcuating /4CE to 100 which is correct.

But not calculating correct annual exemption i.e /4E1..its also comin to 100 and it should be 1200.

As i m running payroll or april..and finincaial year is froma pril to march..

Please suggest

[Former Member · Accepted solution]

Hi,

Which month you are checking? And what is the amount you are getting?

You check march month youu2019ll get 1200 Rs or check annual exemption wage type /130. you ll get it . any clarification let me know

Regards,

Prasath

[Former Member · Accepted solution]

Hi

For i m checking in april...

Its showing /3CE to 100:ie.Monthly exemptiom

and /4e1 to also 100 where it should be 1200 as it is annual exemption

also /130 coming to 100

Please suggest

Regards

Ashima

[former_member1200659 · Accepted solution]

HI,

Please also check In table V_T7INT9 field tax type & frequency maintained i.e (limit for tax exemption is monthly)

[Former Member · Accepted solution]

Hi,

Just I want understand what exemption amount per month and year is .

If it is 1200 Rs exemption per month you maintain 200 Rs for one child in info type 0008 you will get 100 Rs only because the amount is fully exempted .You will not get exemption 1200 Rs in the month of April. So the system is working fine as per my understanding

or

Check in the month of march (next near) you can see 1200 Rs exemption in /4E1

Regards,

Prasath

Edited by: SN Vijay Rajandra Prasath on Oct 22, 2010 2:05 PM

Edited by: SN Vijay Rajandra Prasath on Oct 22, 2010 2:07 PM

Edited by: SN Vijay Rajandra Prasath on Oct 22, 2010 2:14 PM

[Former Member · Accepted solution]

Dear All,,

Waiting for your inputs...

Also monthly regular income 1.e /124 is coming correct and again annual exemption /410 is coming same as /124//

PAyroll is run in april

Projection factor is 11.

So /410 should be :12*/124

Please suggest

Regards

Ashima

[Former Member · Accepted solution]

Dear All,,

Waiting for you inputs

[Former Member · Accepted solution]

Dear All.

Thanks all for you inputs..

Problem is solved..

All config was fine..

I was using annual taxable method as on basis of Nominal basis rather then actual basis...

For using Nominal basis we have t0 activate some things in standard schema INAl factoring for calculating /12N...

That was the reason Annual amounts were coming incorrect.

Regards

Ashima

[Former Member]

Hi,

If i understood correctly your requirement is /4E1 should be 1200 instead 100 i.e it should be projected and consider for exemption from starting of the financial year itself.

You can try the following.

Go to INN1 schema & activate INCS pcr and remove all the wage types which don't need tax codes from table V_T7INT9

Cheers

Ramesh.

[Former Member]

Dear do the following steps

1. Tax codes for tax exemptions Create Tax Code in table V_T7INT7

2. Tax Code Amiount to be define in table :- 40 1CE0 31.12.9999 01.01.1999 L M 100.00 SCEA INR

3.Add in Schema znn1 :- Line Func . Par1 Par2 Par3 Par4 D Text

000560 INCEA EAA Children education allowance

Read follwoing message then you will unerstand above setting. still you have any problem reply me i will explain in details.

The Children Education Allowance Exemption Payroll Function (INCEA) generates the following wage types for the corresponding parameter settings:

EAA - CEA Annual Exemption Wage Type (/4E1), CHA Annual Exemption Wage Type (/4E2)

EAR - CEA Annual Exemption Wage Type (/4E1), CHA Annual Exemption Wage Type (/4E2)

Regards

BMS

[Former Member]

Hi Thanks for ur reply..

i m using Function INCEA with no parameter..

In that case also ../4E1./4e2 are also generated..

And it is also generated in my case..but problem is just with the amount...

Please advice

Regards

Ashima

[former_member1200659]

HI,

Please check wage type characteristics,the PCL 20, and also check cumulation class 24. Also check table V_T7INT9 for the new WT created.

[Sujith_EM]

Have you maintained IT 0582 Exemptions with subtype SCEA

Please check IT0021, is you made a entry like this Child education allowances Y

Check V_T7INT9 taxability of wage type ( use sm30) , and make sure you maintained your wage type here with tax code SCEA , check the frequency

[Former Member]

Hi

In 21 ..Y is maintiaed.

PC 20 with Speci 8 is maintained.

In v_t7int9:Frequency is maintained monthly with amount 100 against tax code..SCEA..

I have ignored 582 by usig no paramenet in INCEA function.

Please sufggest..

Monthly exemtion is calculated correctly..

But annual exemption is corrected wrongly...

Regards

Ashima