Hi SAP Guru's,
Please help me to solve the problem of Form 16 , Gross Emolument Total coming in Annexure of Form No.16 on page no 4 is not coming correct rest values coming under emoulment head and perks head is correct but the total is not correct.
Below is the form 16 statement for a employee after Jan 2012
Basic Salary 1054500.00
House Rent Allowance 632700.00
Leave Travel Allowance 150600.00
Leave Encashment 123025.00
Corporate Attaire 45830.00
Other Deductions -900.00
Cars/Other automotive 32400.00
Interest free or concessional loans 145.62
Gifts, vouchers etc. 2500.00
Use of movable assets by employees 16070.30
Value of any other benefit/amenity/service/privilege 58175.00
Gross emoluments 3255045.42
But after manual calculation Gross emoluments is coming Rs 3,297,403
So there is a difference of Rs 42,358 .
what may be the reason?
Please help me solve the problem.
Edited by: prkcms on Feb 10, 2012 7:04 AM
The value of Gross Emoluments is taken from /416 of the RT of the pernr. Please check the various components that are being added to /416. Make sure if all the values are being added in the /416 of the employee as gross salary is taken from the /416 of the RT. In the annexure you can print the same in the different heads through evaluation class setting.
Annexure to Form No.16
This function prints the detailed amounts for the following income and
-Income from Other Sources
-Exemptions u/s 10
Each of the above four components are assigned to an Evaluation Class:
1.Emoluments Paid is assigned to the Evaluation Class 6.
2.Perks is assigned to the Evaluation Class 9.
3.Income from Other Sources is assigned to the Evaluation Class 8.
4.Exemptions u/s 10 is assigned to the Evaluation Class 7.
Each of the sub components is assigned to a Specification of the Evaluation Class. For example, Basic Salary under the component Emoluments Paid is assigned to Specification 1 of EvaluationClass 6.
You can assign wage types to a particular Specification of an Evaluation Class, example, the Basic Salary wage types, MB10 and MB1F to Specification 1 of Evaluation Class 6. The amounts assigned to MB10 and MB1F, for an employee, are printed against Basic Salary, in this report.
Similarly, you can assign other wage types to the relevant specification Once the wage types are configured, as mentioned above,the break up will be available in form 16 annexure.