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...

Similar Messages

  • 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

  • Differance amoung the Valuation Methods for Result Analysis

    Dear All,
    In SAP Product Cost Controlling ther are 3 types of Cosings
    1. Production Cost by Order
    Path:- Production Cost by Order ---> Period end Closing ->WIP->Defind Valuation Method for( Actual Cost)
    2. Production Cost By Period
    Path:- Production Cost by Period ---> Period end Closing ->WIP->Defind Valuation Method for ( Target Cost )
    3. Production Cost by Sales Order
    Path :- Production Cost by Sales Order ---> Period end Closing --->Defind Valuation Method for Result Analysis.
    Note:  Here the point is Valuation Methods ( 1 to 17 ) availabel in Production Cost by Sales Order only.  The Valution Method is very important to Calculate WIP.  Different Countries follows different methods, but in the By Order and By Period we can get these Valuation Methods.  What would be the reasno behind this.  
    Regards

    Dear All,
    Any one have any ieda

  • Valuation method for Reasult Analysis

    Dear PS experts,
    Normally what is the valuation method we are using in india.  I assueme 03 is the correct valuation method for calculating wip in india.  Is there any other method can u explain.
    Regards

    Hi,
    It depends also on the following points:
    1.If you are using Milestone Billing or Partial Billing use Method 01,02 or 03.
    2.If you using RRB then go for method 14 or method 15.
    3.If you want to calculate RA on the basis of Progress then use progress bases method.
    Muzamil

  • Reg Semi payroll for Indian payroll

    Hi SAP Gurus,
                This is Malin.can anybody tell abt how to run semi payroll for india?pls awarded points.
    Thanks & Regards
    Malin

    Hi Malin,
    Create a Payroll Area in T549A2
    Create a Control Record in PA03
    In table V_T549R Create ur own Period Parameters and assign the TIme Unit as 2 - Semi Monthly.
    Create the Date Modifiers in table V_T549L
    Generate the Payroll Periods in RPUCTP00 (SE38).
    Generate the Calendar for Cummulations in RPUCTP10 (SE38).
    Hope it help u

  • Data Import error - Valuation Method (ODBC -1029)

    Hello all, first post on the SCN. I did some search for similar problems, but nothing seemed to help here.
    We are using Business One, two different companies and databases. We were at the time of the year to update the price list, so we used the Administration -> Data Import/Export -> Data Import -> Import from Excel.
    One company (US only) imports perfectly, but the other database (Canada + US) gives me the following error message on 91 / 1036 entries.
    Row Number xxx : [Items - Valuation Method] , 'Field cannot be updated (ODBC -1029)
    Since the errors only appears on one of the two databases, I ruled out that the excel sheet we used to be the problem.
    The excel sheet only has 4 columns : The item identification, the price list that it needs to update, the price, and the currency (USD or $ for us).
    Neither of the two companies use any valuation method. In fact, neither companies have the field at all in Item Master Data, and its grayed out in the Company Details.
    We also made a dump of the entire item database, and compared what items were imported successfully and those that generated the error, and while the column Valuation Method either had nothing or A, there was no pattern to it. Some errors had nothing, some had A in it.
    I checked for any other differences between items that were imported and the ones with error, and cannot see any visible differences, so all I can think here is that its either an invisible setting when the item was created, or there's some character that is creating a fault somewhere (like an empty space).
    One of the topics found on this error message (ODBC -1029) said that we might need to request a script to fix the database, but that topic was back in 2006, I'm not sure if it still applies, 8 years later.
    Essentially I ran out of things to try on my end. Now I can only ask to the experts.
    Thank you for your time!

    The company that has troubles importing does not allow us to change the Valuation Method for each item. The field is missing entirely from the Item Master Data. I included a screenshot.
    The field is grayed out in the Company Details, but its set as Moving Average. The other company uses Moving Average by default as well, from the looks of it (the field does appear in Item Master Data, but its grayed out).
    We used the same excel sheet to import data in both companies, just need to figure out why its 100% on one side and not on the other side.
    Just to be a bit more clear, we cannot select or visualize the Valuation Method on the items that are not getting imported. Its invisible.
    When we exported the full list of items, there was no pattern between the items that are not imported and those that are imported properly.
    To be clear, the Valuation Method for :
    Items that are imported properly are A or blank.
    Items that are not imported and generate an error are A or blank.
    There is no logic between those that work and those that do not, which is why I can't figure it out on my own.
    Thank you!

  • Results analysis: Valuation method 15 (RRB)

    Hi experts,
    Can i have a detailed example for posting lines for RA valuation method :
    15 - Derive revenues from resource-related billing of dynamic line items
    warm regards
    ramSiva

    Hai Mikhail
    As u mentioned u set the RA method for POC3 in OKG3.
    Assuming maintained in OKG3 - the status control ,profit Basis,Valuation Level and its Minimum Values.
    Is the RA version been maintained in  OKG2 ?
    In OKG2 - need to maintain the RA version with respect to the Controlling Area like 0 or 1.
    Is OKG8 has been maintained on the Posting Rules - means where the RA version should have the corrsponding Profit & loss account number and Balance sheet account number.
    Kindly check and verify according to the relevant RA used/picked using OKG1 in Config - OKG2(maintain RA versions), OKG3(valuation methods for RA), Define Line ID's , OKG5 ( Assignment of Cost elements for WIP and RA) , OKG4( update of WIP calculation and RA) , OKG8 ( Posting rules in WIP and RA) .
    If all these maintained u will definetelu get the KKA2 result.
    ENJOY SAP PS
    Regards
    PP

  • Change valuation method from moving average to FIFO

    We have incorrectly given valuation method for our raw materials to moving average instead of FIFO. Now, we have a lot of transactions and cannot change the method after a transaction is done for any item. I want to know if this solution will work:
    1. create new database with item and business master data, chart of accounts, item groups as before
    2. change valuation method of all items
    3. Import GRPO, Excise and A/P invoices from old database
    Does step 3 create its own JEs?? If it does, then my problem will be solved.

    Hi Krishna,
    this is the SAP Business One Forum in German. Please post your threads in English to the forum here:
    SAP Business One Application
    All the best,
    kerstin

  • How to use more than one indirect valuation module for the same wage type

    Is it possible and how to use the u201CIndirect valuation based on master data: ICOMPu201D configuration to default the NUMBER and at the SAME TIME to use u201CDefine valuation of base wage types usingu201D to default the AMOUNT from one/two WTs ?

    You can use the the same wage type for both number and amount but you can't assign 2 indirect valuation method for the same wage type at 1 time. I would rather suggest you to go for some customer specific indirect valuation instead of the standard one. You can use BAdI HR_INDVAL for the same.

  • 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

  • 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

  • Create versions for valuation methods

    In creating versions for valuation method ,I am getting error"View cluster is already open. Go Back with F3
    Message no. SV851" and "inconsistency between CoCo."

    I got the same error when configuring valuation method under controlling module.

  • JE Passed in case of Standard valuation method in 2007B

    Dear All,
    I am bit confused---
    The scenario is i have done one transaction for A/P invoice.The JE passed in case of A/P invoice  & in case of item having valuation method standard  & procurement method make is hitting material variance account instead of hitting inventory account since the tax say cst is inventoried.This issue is occurring only in case of standard valuation method.In case of other valuation method the accounting entry is correct, so what might be reasons behind it.
    Also, if anyone could provide me sap portal link which will help me out to identify the changes which took place in different PL's.
    Regards-
    Mona.

    Hi Mona ,
    The quick thing is to check :
    1. What is the standard price of the item
    2. Is your GRPO  price is difference than AP invoice
    Everytime you purchase it will check against your standard price and if it is different it his variance account .
    Hope this helps
    Bishal

  • Valuation Basis for Different Payment (BWGRL) not working in 2010

    Hi
    We have a commission wagetype which we entered in IT 2010 in Number/Unit field. 
    Since we don't have premium id available, we used "Valuation Basis for Different Payment (BWGRL)"  to enter the RATE.
    This RATE is not working during our payroll run, however when we are using the wagetype with premium ID it is working fine.
    My question is- What could be the reason that the Valuation Basis for different payment is not working ? 
    I checked the wagetype in V_512W_B table and it has the following configuration-
    Current wage type
    Valuation Basis = BLANK
    Statement/WT = BLANK
    %Rate = 100
    1st derived wage type
    Valuation Basis = BLANK
    Statement/WT = BLANK
    %Rate = BLANK
    2nd derived wage type
    Valuation Basis = BLANK
    Statement/WT = BLANK
    %Rate = BLANK
    Would appreciate if the the fix could be provided.
    Saurabh Garg

    Hello,
    I think in your case for commision wagetype you need to modify rule $930 to process the override rate from Infotype 2010 BWGRL field in case you are using the US standard schema.
    The valuation basis table V_512W_D and rule $930 together will determine the valuation basis.
    The default valuation basis comes from table V_512W_D.In case you want to override the valuation basis rate defined in this table,you need to maintain override rate in It2010 and accordingly have the logic defined in rule $930 for that particular wagetype .
    Following is the sample rule definition for a similar scenario.
    ****(commision wagetype)
      NUM= ANZHL Set
      RTE= BWGRL Set
      RTE?0      Comparison
          MULTI NRA  Multipl.amt/no/rate
          SETIN X=NX Set variable split
          ADDWT *    OT   Output table
        =
          VALBS0     Eval.0.WT in 512W
          MULTI NRA  Multipl.amt/no/rate
          SETIN X=NX Set variable split
          ADDWT *    OT   Output table
    Regards,
    Malathi V.

  • Valuation Methods - foreign currency valuation

    Hello
    I am trying to understand the concept of different valuation methods. could you explain using examples please ?
    Say for instance, a goods receipt is raised in USD for 100USD on 2 Jan 2009 and local currency is EUR. Exchange rate is 1EUR : 1,5USD. On 4 Jan 2009 invoice received at rate of 1EUR : 1,6USD.
    What are the implications of the options lowest value principle, strict lowest value principle, always valuate and revalue for such a transaction?
    tks

    Those are different ways of valuating your Foreign Currency Operations depending or the country regulations:
    1- Lowest value principle means that the Valuation will be posted only if it is giving a negative result.
    2- Strict lowest value principle will be post valuation only if two conditions happened:
            A - The valuation is negative
            B - The new valuation has a greater devaluation and/or a greater revaluation for credit entries than the previous valuation
    3 - Always Valuate: No matter if it is possitive or negative, the valuation will be posted.
    4 - Revalue only: The opposite of the first one, valuation is only posted when possitve.
    5 -Reset Valuation Run: In this case open items are valuated at the acquisition price. This way the valuation difference is set to zero. This is useful to reset previous valuations
    Regards,
    Fede

Maybe you are looking for