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Regarding PF

Former Member
0 Kudos
55

Hi All,

Where do we maintain if we want to have PF as % of both Basic and HRA?

Please don't suggest me to write PCRs...

Rewards for each helpful answer..

Regards

Kiran

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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HI Kiran,

First thing; PF is calculated on Basic that's it.

HRA will not be taken for the calculation of the PF.

IF you want the PF is to be calculated on the BASIC and HRA

Then go to Processing classes,cumulations,and evaluation classes.

for this T.CODE is SM30

then give the table name i.e: V_512W_D

in this goto maintian and give your wage type ( BASIC )

then you will get your wage type screen for the processing classes, cumulations and evaluation classes.

In this Cumulation Classes,

give check mark to the EPF Basis, which is 11 serial number in CN

and the same way to the HRA wage type give the check mark in the EPF Basis.

this will solve your problem...

All the best

K.Manoj

Former Member
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Hi Manoj,

How it will calculate? On which basis? And What is if we select EPF?

Could you please explain me clearly?

Thanks

Kiranmayee

Former Member
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hai

as Manoj expalined

when u copy the wage type as you know they come with in builtcharecteristics

in processing classes and evalution classes when this wage type is included for PF basis. the system when calculating checks for all those wage types which are included for PF basis cumulates them and on that it will take the said %.

now in your case give only basic and hra to be included for PF basis in the specified classes as given by manoj

regards.

nalla

Former Member
0 Kudos

Hi,

We have standard WT for every requirement. Copy the standard WT and it will inherit the standard settings. If you want to change the Characteristic, change as per your need in the WT Characteristic table T511.

To do the valuation of WT, maintain your % of calculation in the WT Valuation table T539J.

Good Luck

Om

Former Member
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HI Kiran,

When you mark check there it will run the necessary pcr and schema's to calculate the PF.

EPF is nothing Empployee Provident Fund...

Regards

K.Manoj

Message was edited by:

Manoj kanyath

Former Member
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Hi,

We have the option to set the % for each criteria in the Img setting of India Payroll, PF. There you can maintain the % of EE contribution, ER, EPF, VPF, EDLI.

You can maintain the constant for PF in table V_T511P, PFBAS.

Good Luck.

Om

Former Member
0 Kudos

Hi OM,

I am not asking about hte Wage type valuation. Using the Processing classes adn Cumulation classes, is there any possibility of getting PF as % of both Basic & HRA.

Thanks

DK

Former Member
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HI

Using only the processing classes and cumulation classes is the only way of getting the both wagetypes for the PF.. as per my knowledge.. bcoz u cant config for that anywhere else..

Regards

K.Manoj

Former Member
0 Kudos

HI

Using only the processing classes and cumulation classes is the only way of getting the both wagetypes for the PF.. as per my knowledge.. bcoz u cant config for that anywhere else..

Regards

K.Manoj

Former Member
0 Kudos

Hi Kiran,

As Manoj said, you can do it in the cumulation classes.

You can try using that. Otherwise you can take our help. We are there to help u out.

CHeers

JS

Former Member
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Hi All,

Thanks a lot for your response.

My problem got solved.

Thanks

Kiranm

Former Member
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Hi Kiran,

Would you mind to share, how you got the exact solution.

Good Luck

Om

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi OM,

I got it by doing the Cumulation classes as said by Manoj, Chakri & finally by JS.

Thanks

Kiran