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Income tax configuration of wagetype

Dear All,

I want to change one of my wage type configuration as not taxable which was previously taxable.Please suggest where to change in processing classes,cumulations .Please suggest what to do.

Thanks,

Sujata

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Dec 15, 2011 at 05:16 AM

    Hi,

    Could you please tell me in which IT are you maintaining your WT which you want it to get taxexempted

    Thanks

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    • Former Member Sujata Swain

      Go to the LOG and see the node called "Factoring and storage"

      sub Schema INAL - Factoring and storage and PCR X023

      All regular custom WTs (IF CC-24 checked) will be populated to WT -/124

      All IRregular custom WTs (IF CC-25 checked) will be populated to WT -/125

      Do some R&D before you serach in the forum.......

      Thanks

      Cheera

  • author's profile photo Former Member
    Former Member
    Posted on Dec 15, 2011 at 05:18 AM

    Hi,

    For which country payroll...?

    In case of Indian payroll..based on Selecting cumulation class "regular income" or "Irregular income". If your not selected both wage type will not taxable.

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 15, 2011 at 05:19 AM

    Try to create a new wage type with same text and dont maintain any tax code just copy from the standard B100 wage type as bonus is a taxable wage type and delimit the old wage type.

    Best Regards,

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