RE:[sap-hr] Bonus Configuration For Indian Payroll
Posted by
Admin at
|
Share this post:
|
|
0 Comments
 | Posted by Tan_TCS (SAP HR Consultant) on Mar 8 at 12:46 AM |  Mark as helpful |
Hi Sandeep,
In that case, i believe you should go thru nodes in IMG Payroll->India->Bonus->Maintain Bonus Payment Limits as per POBA/Maintain Salary Limits for Bonus Computations as per POBA
These are basically payroll constant tables T511K and T511P respectively.
In the Payroll Constants (V_T511K),We maintain the lower limit for Bonus payment using the Bonus-Minimum % Constant (BNNPR)( like 8.33% in your case) and the upper limit for the Bonus payment using the Bonus-Maximum % Constant (BNXPR).
While computing employee bonus, as per POBA, the India specific Bonus calculation Report (HINCBON0), also refers to the values of the constants that you maintain in this table Payroll Constants (V_T511K).
In the Payroll Constants (V_T511P), you can maintain the employee eligibility limit for bonus using the Bonus Eligibility Limit Constant (BNELT). The employee is eligible to a bonus only when the basis salary of the employee is less than the amount( 10000 in your case) maintained in this constant.
Specify a Basis amount for bonus computations using the Bonus-Computation Amount Constant (BNCAM) . If the basis salary of the employee is greater than the Bonus-Computation Amount Constant (BNCAM), and less than the value of the Bonus Eligibility Limit Constant (BNELT), then bonus computations will be performed using the value of the Bonus-Computation Amount Constant (BNCAM).
Maintain an upper limit for the total bonus paid in a year, as per the POBA. Use the Bonus-Maximum amount in a year Constant (BNMAX) to specify this upper limit.
Maintain a lower limit for the total bonus paid in a year, as per the POBA. Use the Bonus-Minimum amount in a year Constant (BNMIN) to specify this lower limit.
While computing employee bonus, the India specific Bonus calculation Report (HINCBON0), also refers to the values of the constants that you maintain in this table view Payroll Constants (V_T511P).
On PC00_M40_BONS or HINCBONO(access thru SE38) screen check the box -As per paymnt of bonus Act and maintain the wagetype for amt exceeding POBA amt( which i guess is your exgratia amt)
This more or less completes your configuration.
Hope it helps
Gudluck
Tan
---------------Original Message---------------
From: sandeepdabral
Sent: Saturday, March 06, 2010 9:24 AM
Subject: Bonus Configuration For Indian Payroll
> Dear Tan ,
>
>
> I have to configure the Bonous According to the bonous act 1965.
>
> 1-According to that act we have to give the bonous only those employee which basic salary is in between the 3500 to 10,000 rs.
>
> 2-According to the act percentage of the bonous 8.33 to 20%.But according to my client scnario i have to pay only 8.33%.
>
> 3-If any employee basic salary is greate then 3500 or less than or equal to 10,000 in that case remaning amount comes in the Exgratia.Only bonous is calculated on 3500 rs .
>
> Now this is my client requirment ....Kindly help me to configure this scenario.......
>
>
> Thanks
> Regards
> Sandeep Dabarl
__.____._ In that case, i believe you should go thru nodes in IMG Payroll->India->Bonus->Maintain Bonus Payment Limits as per POBA/Maintain Salary Limits for Bonus Computations as per POBA
These are basically payroll constant tables T511K and T511P respectively.
In the Payroll Constants (V_T511K),We maintain the lower limit for Bonus payment using the Bonus-Minimum % Constant (BNNPR)( like 8.33% in your case) and the upper limit for the Bonus payment using the Bonus-Maximum % Constant (BNXPR).
While computing employee bonus, as per POBA, the India specific Bonus calculation Report (HINCBON0), also refers to the values of the constants that you maintain in this table Payroll Constants (V_T511K).
In the Payroll Constants (V_T511P), you can maintain the employee eligibility limit for bonus using the Bonus Eligibility Limit Constant (BNELT). The employee is eligible to a bonus only when the basis salary of the employee is less than the amount( 10000 in your case) maintained in this constant.
Specify a Basis amount for bonus computations using the Bonus-Computation Amount Constant (BNCAM) . If the basis salary of the employee is greater than the Bonus-Computation Amount Constant (BNCAM), and less than the value of the Bonus Eligibility Limit Constant (BNELT), then bonus computations will be performed using the value of the Bonus-Computation Amount Constant (BNCAM).
Maintain an upper limit for the total bonus paid in a year, as per the POBA. Use the Bonus-Maximum amount in a year Constant (BNMAX) to specify this upper limit.
Maintain a lower limit for the total bonus paid in a year, as per the POBA. Use the Bonus-Minimum amount in a year Constant (BNMIN) to specify this lower limit.
While computing employee bonus, the India specific Bonus calculation Report (HINCBON0), also refers to the values of the constants that you maintain in this table view Payroll Constants (V_T511P).
On PC00_M40_BONS or HINCBONO(access thru SE38) screen check the box -As per paymnt of bonus Act and maintain the wagetype for amt exceeding POBA amt( which i guess is your exgratia amt)
This more or less completes your configuration.
Hope it helps
Gudluck
Tan
---------------Original Message---------------
From: sandeepdabral
Sent: Saturday, March 06, 2010 9:24 AM
Subject: Bonus Configuration For Indian Payroll
> Dear Tan ,
>
>
> I have to configure the Bonous According to the bonous act 1965.
>
> 1-According to that act we have to give the bonous only those employee which basic salary is in between the 3500 to 10,000 rs.
>
> 2-According to the act percentage of the bonous 8.33 to 20%.But according to my client scnario i have to pay only 8.33%.
>
> 3-If any employee basic salary is greate then 3500 or less than or equal to 10,000 in that case remaning amount comes in the Exgratia.Only bonous is calculated on 3500 rs .
>
> Now this is my client requirment ....Kindly help me to configure this scenario.......
>
>
> Thanks
> Regards
> Sandeep Dabarl
Copyright © 2010 Toolbox.com and message author.
Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251
Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251
Tan_TCSSAP HR Helper
Posted helpful replies on 5 threads in a group to earn a Bronze Achievement
Related Content
In the Spotlight
White Papers
In the Spotlight
55% of IT Pros Use Social Media to Advance Their Careers. See the Survey Results
View this thread online
Manage group e-mails
Create an FAQ on this topic
Tell us what you think
Unsubscribe from discussion
Manage group e-mails
Create an FAQ on this topic
Tell us what you think
Unsubscribe from discussion
_.____.__ 
