Provident Fund Calculation Indian Payroll

Hi Gurus,
Could any one can explain how PF is calculated in Sap or please correct me if i am wrong.
Suppose my Basic is 25000/- per month
EE Contribution 12% i,e.: 3000/-
ER Contribution 8.33% towards pension plan: 2082.5/-
ER PF Contribution 3.67%: 917.5/-
But their is some formula that Pension or PF amt should not cross 549/-or something( here iam confused)
Gurus please help.
Regards
Pari

Hi Pari,
Some clients wants to put the cap for Pension amount as Rs.549. This scenario we can achieve through 0587 info type itself.
If you maintain the record as mentioned in above screenshot then system will calculate the pension Rs.549.
Regards,
Haranath

Similar Messages

Valuation Method for Indian Payroll

Hi,
Can any one let me know the valuation method available in Indian Payroll.
As per my knowledge is concern I Know there are 4 valuations methods are there.
Can any one just provide me with name's of four valuation method.
Thanks in Advance
Irfan Hussain

HAi..
INVAL - Indirect Evaluation Module Variant for India
There are four module variants for INVAL:
1. A - This calculates the value of the wage type as a fixed amount.
2. B - This calculates the amount as a percentage of a base wage type added to a fixed amount. More than one such amount, with same or different percentage of the base wage type, can be calculated for an INVAL wage type. In this case, the amount that will be Indirectly Evaluated will be the sum of all such calculated amounts, added to a fixed amount. For example, for the wage type M230, the different INVAL B amounts are
a) 10% of MB10
b) 30% of M220
c) Fixed amount of Rs.1000
In this case, the INVAL amount for the wage type M230 will be the sum of a, b and c.
3. C - This calculates the amount as a percentage of a base wage type subject to a maximum limit. More than one such amount, with same or different percentage of the base wage type, can be calculated for an INVAL wage type. In this case, the amount that will be Indirectly Evaluated will be the sum of all such calculated amounts, subject to a maximum limit. For example, for the wage type M230, the different INVAL C amounts are
a) 10% of MB10
b) 30% of M220
c) Limit of Rs.5000
In this case, the INVAL amount for the wage type M230 will be the sum of a and b subject to a maximum of c.
4. D - This calculates the amount as one or any combination of the following INVAL Module variants based on Basic salary slabs:
a) Fixed amount
b) Percentage of a base wage type added to a fixed amount
c) Percentage of a base wage type subject to a maximum limit
In the SAP system, INVAL D can be configured as only INVAL B or C. Once the percentage of the base wage type is calculated, the result is multiplied with a factor. This resultant amount is then added to fixed amount or is compared with a maximum limit. For example, the INVAL module variant for the wage type M210, for an employee who falls in the Basic Salary slab of Rs.10,000 - 12,000, is INVAL C. The INVAL amounts are:
a) 10% of MB10
b) 30% of M220
c) Multiplication factor of 50%
d) Limit of Rs.7000
In this case, the INVAL amount for M210 for the employee is the sum of a and b, multiplied by c and the result is subject to a maximum of d.
If you want to configure the wage type as a fixed amount for a particular slab, the wage type is configured as INVAL B. In this case, the percentage of the base wage type is multiplied with the factor of 0% and then the fixed amount added to the result. For example, the INVAL module variant for the wage type M230, for an employee who falls in the Basic Salary slab of Rs.15,000 - 25,000, is INVAL B. The INVAL amounts are:
a) 100% of MB10
b) Multiplication factor of 0%
c) Fixed amount of Rs.5000
In this case, the INVAL amount for M230 for the employee is the value of a, multiplied by b and the result added to c. In this case, the INVAL amount will be the fixed amount of Rs.5000.
From IMG doc...

What are all the infotype need to maintain Indian Payroll and Time Mangnmt

Hi Folks,
My client wants to implement Indian Payroll and Time Management. we use +ve time management, -ve time management and also using CATS. its more of an indian payroll.
Now can any one tell me what are all the infotypes i need to add.

For Indian payroll :
0580 Previous Employment Tax Details
0581 Housing(HRA / CLA / COA)
0582 Exemptions
0583 Car & Conveyance
0584 Income From Other Sources
0585 Section 80 Deductions
0586 Section 80 C Deductions
0587 Provident Fund Contribution
0588 Other Statutory Deductions
positive time management mandatory infotypes:
0050 time data recording
2011 time events
2010 time remuneration wage types
updations:
2001 absence
2002 attendances
2003 substitutions
2006 absence quotas
For CATS -infotype0315

Annual Provident Fund not coming as per projection.

Hi,
Annual provident fund is not calculated as per projection basis (Nominal Basis) whenever employee getting LWP.
present calculation in the month of April : Actual Basic = 9000
Basic(after 1 day LWP) 12% : 870012%= 1044-00
Projection : current month PF + current month11 months= 1044+104411 =12528
But it should be the current month PF + 12% on actual basic * remaining months: 1044+1080*11= 13012
Please suggest me to resolve this issue.
Thanks & regards,
vv.

hi,
thanks for your reply. /3f6 is coming as explained above. But in another client (sand box) it is coming fine as per projection basis.
it should be the 12% of annual Basic amount. But annual basic is coming ok.
Thanks & regards,
VV

Provident fund configuration for coal project

Dear all
my requirement is to maintain pf rates for our coal mines.we have already maintained pf rates for our organization i.e plant .but now we have created new pf id for coal project.and we have different calculations for coal project employees whom we have assigned new pf id.
ex:empcode 102184
    pa30->infotype->587->Provident Fund Trust ID (Now its RCMP) from macrh 01.2014
    pa30->infotype->587->Provident Fund Number (New pf code number)   ex-YZZZZ
before this we have
   pa30->infotype->587->Provident Fund Trust ID (Now its RPCL) from macrh 01.2014
    pa30->infotype->587->Provident Fund Number   (old different pf code number) ex- XTRYY
A/C Number
Emp Name
EMP CODE
S/W
salary
PF CONTRIBUTION (12%)
PENSION CONTRIBUTION
VOL. CONTRIBUTION (2%)
TOTAL ADDI. PENSION CONTRIBUTION (ONE INCREMENT DIVIDED BY 12 MONTHS )
ADMIN. CHARGES (3%)
Employee (10.84%)
Employer (10.84%)
Employee (1.16%)
Employer (1.16 %)
CMPF/123/456
XYZZZZZ
1102184
173,830
18843
18843
2016
2016
3477
2188
1252
how can i configure these in my system.
we have already differnt calcualtion for RPFC emp of our company.
please guide .
thnxs
gaurav

i have done it with separate trust id-RCMP.but i have assigned same wage type as i did for older one.(RPFC case).should i need to create new wage type and create PCR for separate pf trust id.
trust master details:pleas tell me .what to do for this issue and how it can be resolved.
RCMP
CMPF
RPFC (Regional Provident Fund Commsioner)
/3F1
/3F2
/3F3
/3F4
/3F7
/3F8
/3F9
RPFC
RPFC Govt
RPFC (Regional Provident Fund Commsioner)
/3F1
/3F2
/3F3
/3F4
/3F7
/3F8
/3F9

Provident fund

Hi friends
some of the employees has retire/separate in may 2008 but in september their provident fund is coming wage type are
/3F3 Er PF contribution =65
/3F4 Er Pension contribution = -65
same scenario is coming for some employees.
please advise.
regards
Niki gupta

hi,
This may be due to retro
Best way is nullify in IT0014 or check if you really want to run Payroll with retro for the PY Area.
Accordingly set the Retro date for teh PY area
Regards,
Hemant V. Mahale

SAP HR INDIAN PAYROLL- FULL AND FINAL SETTLEMENT GUIDE

Hi,
We are implementing SAP HR for Indian Payroll and now trying to configure Full and Final Settlement . We have not integrated our system with FI yet completely. Can anybody please provide me with some link or documentation guide so that i can set up FnF in the system. Although there is data available on google and some of the forums but its not complete .
Please help.
Regards
Neha

Hi,
I want to put another question to forum members linked to the above query only. As of now we separate the employee in PA40 personnel actions t-code, now if we use termination workbench, then Pa30 IT0000 does not get updated for the Separation action. In this case do we need to first run the Separation action in PA40 and then through Termination workbench also?
Please help ASAP.
Regards
Neha

Tax Exemption (Indian Payroll)

Hi PY Experts,
I have a wagetype which is exempt under section 10. Now, i have to configure the same in indian payroll. I have assigned the tax code in V_TIN7T9 and have also maintained the allowance grouping for this wagetype. I have also maintained the exexmption infotype 582 for this.
Now, the ememption amount is being calculated in the function INCTX under the model wagetype 3FUX, but the same in not being added to the /130wagetype(exemption u/s10) and neither the exemption amount is being considered for the tax computation.
Plz help.
regards
Srikanth

Hi,
CCL 30 i have activated but still the exemption is not comming in /130.
If i m changing the PCl 10->8, 20->1 and CCL 30 checked then the amount in exemption i m getting which i m maintaing in IT15 and not which i m maintaining in 582.
Ex:
2260 Transfer wagetype chich i m maintaining in IT15 Rs 4000.
And i want exemption for this Rs 2000 which i m maintaing in IT 582 Rs2000.
Then after doing above changed ie. checked CCL30 then Rs 4000 is exempted and not Rs2000 which i m maintaining in IT 582.
Kindly suggest where i m going wrong.
Regards,
Rashmi
Edited by: Rashmi Lautre on Jun 30, 2010 10:07 AM
Edited by: Rashmi Lautre on Jun 30, 2010 10:16 AM

Regards Sales Incentives Process Indian Payroll

Dear All,
My client is asking to implement Sales Incentives process in Indian payroll. As I know we can only created wage types to process Incentives from HR system.
So please guide me what exactly we need to do in HY system and what Inputs we need to get from SD system and what message we will pass to FI system ..........
Please guide me in this issue.
Regards
Chandra

hi
first get details of the incentive schemes , what is the calculations etc , based on the business requirement you would probably end up doing a custom program which would read certain data from SD module and calculate incentives bases on certain parameter , then you can either pay it as bonus or via normal payroll. For Finance posting once payroll is run , the posting can be taken care in normal way.
Regards
sameer

CHALLAN MAPPING REVERSAL (Indian Payroll).

Hi Experts,
Can any one provide me the documents for CHALLAN MAPPING REVERSAL (Indian Payroll).
Or else can any one provide the step to follow for Reversal of challlan mapping.
Thanks and Regards
Ankita Sahu

Hi,
Please verify whether SAP notes 1301243 or 1307615 are properly implemented in tcode SNOTE as these should resolve this problem.
Regards,
Kanupriya

Table - T7INF3 (Statutory Rates for Provident Fund)

Hi,
     In this Table we can see the following Fields
     1. Employee Contribution - 12.00
     2. Employer Contribution - 12.00
     3. Employer Pension Contribution - 8.33
     4. Provident Fund Administration Charges - 1.10
     5. EDLI Contribution - 0.50
     6. EDLI Administration Charges - 0.01
     7. PF Intrest - 12.00
Above specified all Fields applicable for IT Company or not ? Is It There any Changes In the Above Percentages?
What is EDLI ? What is the use of this ?
bye
phanikumar

Hi Phani
Refer this link to get all the info
http://www.epfindia.com/
Reward points if helpful
~BiSu

What are the different types of Wage types for Indian Payroll...??

Dear Frnds,
What are the different types of Wage types for Indian Payroll that we have to configure it...?? and please list wage types that we have to configure it for different types of TAX and Allowances in India payroll.
And also please list Info types numbers for different types of TAX and Allowances.
Many thanks in advance.
Regards
Ahmed.

for the list of the wage types you can check V_512W_D for country grouping 40 Inida
for Tax related info please search the forum or search google you will get lot of inputs

What is main deff between indian payroll and us payroll in sap abap hr

HI Experts,
what is main deff between indian payroll and us payroll in sap abap hr.
Regards
Naresh

Hi,
U.S payrolls:
SAP has given country specific payrolls for more than 40countries Each country specific version is called country version. Every country has a country specific payroll driver and pay roll schema based on modular international payroll driver and schema. When sap says country version it includes country specific civil, tax laws, contributory and other tax laws (all these details are populated in the country specific info types).
Some of them are:
- Personnel data -address-6, bank details-7, personal data-2, challenges-4 etc..
- Actions -0000 info type
- Organizational data
So when you run a payroll for a specific country, besides general information valid for the international pay roll, one needs to enter specific details in the particular info types for example if you are running U.S pay roll you need enter SSN no. to uniquely identify an employee in the info type 0002-personal data.
Besides the common infotypes these are some of the U.S pay roll specific infotypes that one has to configure in U.S pay roll.
- Garnishment Order - Info type 019
- Creating a Garnishment Order - Info type 0195
Inidan PayRolls:-
Indian pay roll besides common info types, uses specific info types from 0580 to 0590 and 0045 (loans infotype) -- these info types will capture the data related to all the major components of Indian pay roll.
Hope this is helpful,
Thanks
Kalyan

Very Urgent..Termination workbenchFull & Final settlement in Indian Payroll

Hi Friends,
Can any body help me on Full & Final settlement for an employee after separated or teminating from the company,
I'm working in Indian Payroll. it's very urgent..
what is the meaning of Termination work bench?
what it is meant for?
Appreciate any help in advance.
Thanks,
Nanditha

https://forums.sdn.sap.com/click.jspa?searchID=11536877&messageID=5258020
https://forums.sdn.sap.com/click.jspa?searchID=11536877&messageID=5329902
https://forums.sdn.sap.com/click.jspa?searchID=11536877&messageID=5201113
https://forums.sdn.sap.com/click.jspa?searchID=11536877&messageID=5319162

Evaluation Class, Cumulations Class, & processing class: Indian Payroll

Dear All.,
Indian Payroll
What are the Evaluation Class, Cumulations Class, & processing class we need to maintain for ESI Eligibility for a Wage Type ?
Scenario : Except LTA all other Salary Components(as part of Infotype 8) consider for ESI Eligibiilty. So I wanted to check all other WTs.
Pls guide me how do i can deal with this.

Use t-code PC00_M99_DLGA20 to generate the "Use of WT in Payroll" report, for Country Grouping 40, without specifying any WT, and using the WT Validity Dates from Today to Today.
When the report is on screen, double click on "Meaning of processing classes and their values".
Click on any character in the report's description of Processing Class 01, and use the Binoculars to search for ESI. The system should show 4 "hits", all on PrCl 72.
I don't know anything of Indian Payroll, but it would seem that PrCl 72 is relevant for ESI. Use this report to see what WTs cumulate or don't cumulate into ESI/PTX basis (drill down in each line of PrCl 72).

Provident Fund Calculation Indian Payroll

Similar Messages

Maybe you are looking for