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RE:[sap-hr] Arrears for 401K deduction

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Posted by SAN
on Jun 9 at 2:16 PM 		Mark this reply as helpfulMark as helpful
I just noted that for a small Regular payment using a wage type having PC Class 68=1, taxes come out first and then the 401k deductions are taken but for supplemental payment (PC 68=2), the prorated 401k deductions come out first and then taxes are calculated. Is there a way, a regular payment wage type can do exactly like a supplemental payment wage type in terms of deductions?

Thanks

SAN

---------------Original Message---------------
From: SAN
Sent: Friday, June 04, 2010 2:31 PM
Subject: Arrears for 401K deduction

> Hi Guys,
>
> Is there a way, a 401K deduction was to occur on the current rate instead of an old rate if a retrocalculation happens generating a 401K wage (/102) for an old pay period (showing a different 401K rate)?
>
> Current period showing a /102 amount of 10000 for 11/2010 - 10%( 401K rate)
> Retro period showing a bonus payment of 10000 for 01/2010 - 5%( 401K rate)
>
> Now, with the retrocalculation, 5% of 10000 comes out and gets added to the current deduction of 10% on 10000.
>
> Our company wants to change the rule to do a deduction on the current rate only.
>
> Thanks,
>
> SAN

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SAN
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