Lease perk configuration for Form 16

[sap_94sj]

Dear Experts,

My client asked me to create a perquisite to get reflected on form 16. Could you please help me to know the process?

Here, the case is that company is providing accommodation to the employees, in against of which company is making some deduction from employee's salary (known as House Rent Recovery).

So, first I created a deduction wage type (HRR - House rent recovery), which is 7.5% of Basic. Then I created Lease perk, which is 10% of gross earning.

Now, I need to add the taxable perk amount on form 16 (i.e., Lease Perk - HRR Value = Taxable Perk).

1) How can I subtract lease perk amount from HRR? Is there any PCR i need to write?

2) What specifications do i need to maintain for HRR & lease perk?

For eg :

As per the values in screenshot, I need to maintain 22,500 on form 16 as taxable perk amount.

Pease help experts, your help would really be appreciated.

Thanks

Sonali