RE:[sap-hr] Leave Encashment Configuration
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 | Posted by rajesh-l on Mar 2 at 2:09 AM |  Mark as helpful |
Regarding leave encashment
Encashment amount has to be paid ,every April month based on the balance available in the quota type ,annal paid leave.the amount to be paid is based on the following formula.
Leave encashment amount = (Basic pay DA )*2
Leave encashment amout is tax exempt.
I need the leave encashment amount to be displayed in Payslip.
Tax exemption on leave encashment.
Regards
Ananthi.M
---------------Original Message---------------
From: anuradha_sreenivas
Sent: Thursday, March 23, 2006 6:25 AM
Subject: Leave Encashment Configuration
> Hi raj,
>
> try this procedure for leave encashment.
> 1.define abscence types
> 2.define abscence quota types till counting rules.
> 3.define abscence quota type and indicate leave.
> 4.create a wage typeMEL0-leave encashment.
> 5.abscence valuation rule
> v_t554L and mention as paid.
> 6.group abscence for abscence abscence valuationv_554s_g
> 7./create counting classes for abs v_t554sE
> 8.valuate abscence by usingconstraints/averages vv_t554c_d
> 9.valuate abscence using quota deduction v_t554a
> 10.calculate eligibility for RAP'S T7INA9 maintain leave encashment wt
> 11.
> Payroll data-Check wt catalog permissibility characteristics use inval-B-%
> 12.base wt valuation t539j
> 13.Should have been completed allowance grouping, HRA
> ,DA
> 14.give abs quota PA30
> 15. give abs
> 16.check infotype 0015 the amount should automatically populate
> 17.run payroll for the month.
> 18.Assign wt to pay slips.
> If any further info req you can ask
>
> regards
> anuradha
__.____._ Encashment amount has to be paid ,every April month based on the balance available in the quota type ,annal paid leave.the amount to be paid is based on the following formula.
Leave encashment amount = (Basic pay DA )*2
Leave encashment amout is tax exempt.
I need the leave encashment amount to be displayed in Payslip.
Tax exemption on leave encashment.
Regards
Ananthi.M
---------------Original Message---------------
From: anuradha_sreenivas
Sent: Thursday, March 23, 2006 6:25 AM
Subject: Leave Encashment Configuration
> Hi raj,
>
> try this procedure for leave encashment.
> 1.define abscence types
> 2.define abscence quota types till counting rules.
> 3.define abscence quota type and indicate leave.
> 4.create a wage typeMEL0-leave encashment.
> 5.abscence valuation rule
> v_t554L and mention as paid.
> 6.group abscence for abscence abscence valuationv_554s_g
> 7./create counting classes for abs v_t554sE
> 8.valuate abscence by usingconstraints/averages vv_t554c_d
> 9.valuate abscence using quota deduction v_t554a
> 10.calculate eligibility for RAP'S T7INA9 maintain leave encashment wt
> 11.
> Payroll data-Check wt catalog permissibility characteristics use inval-B-%
> 12.base wt valuation t539j
> 13.Should have been completed allowance grouping, HRA
> ,DA
> 14.give abs quota PA30
> 15. give abs
> 16.check infotype 0015 the amount should automatically populate
> 17.run payroll for the month.
> 18.Assign wt to pay slips.
> If any further info req you can ask
>
> regards
> anuradha
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