on 2011 Mar 17 11:57 AM
Hi Expets,
I am confused on one point regarding semi-monthly payroll. As of now i have only worked on monthly payroll.
In case of semi-monthly payroll, what amount do i need to maintain in infotype 8. Eg. suppose the monthly amount to be paid is $ 1000, then what i need to maintain in infotype 8? $500 or $1000?
Kindly suggest.
TS
Request clarification before answering.
In case of semi-monthly payroll --> do you mean bi-weekly?
you need to create a new payroll area for the semi-monthly payroll
you will need to set payroll parameter in table V_T549A
Period Parameters
The period parameter determines how often payroll is run for a payroll accounting area. Each payroll accounting area is assigned one period parameter. Payroll periods are defined for each period parameter.
Examples of standard values are monthly, weekly, and bi-weekly.
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