/3s2 amount for union budget 2020

[former_member622494]

Dear All,

My client contributes monthly superannuation contribution so /3s2 is not generating in the RT table.

During my perquisite calculation, system is not considering superannuation annual amount.

Earlier limit was 150000 But now Er PF contribution (/3FR)+ Er NPS +Er SAN etc are calculated for 7,50,000 exemption.

/3FR is considering but for superannuation do we need to customize the PCR.

Please suggest.

Revati

[former_member445023]

HI,

Payroll variable SEAN how to pass the total Annual Employer superannuation contribution?

Kindly give me any example or idea.

Regards

sushant

[SaiKrishna2024]

Hi Revathi,

SAP has provided Payroll variable SAEN in which you can pass the total Annual Employer superannuation contribution

And also refer the SAP note suggest bybalasubramanian.ap

Regards,

Sai Krishna

[BalaAP]

Hi, Please check thee sap note 2918077 - Budget 2020-21: Limit of 7.5 lakh on tax-free employer contribution to retirement funds.

You can check the new wage type /3PE , whether it includes your superannuation contribution also.