Tuesday, 25 December 2012

Leave encashment

Leave encashment

1.Copy wage type from MLE0
2.Maintian  0416 info type
3.Create tax code or use existed one in table  V_T7INT7  (SLEA)
4.Link wage type to tax code and enter tax exemption amount in table v_t7int9
   by specifying  tax type and frequency
5.Check INN1 sub schema --function INLEA
6.Copy wage type from MLIN for average salary pre instalments for 10 months
   and enter in 0015 info type
7.Multiplication factor for average salary is stored in the
   Multiplication factor-Avg. Sal constant (MFAVS) of table view
   Payroll Constants (V_T511K).(check)

Tax exemption method

 Function (INLEA) computes the exemptions on the Leave Encashment amount received by an employee.
  INLEA) computes an exemption using four different factors



1. (INLEA) checks the wage type for Leave Encashment in the internal table and obtains the Leave Encashment amount. The Termination Workbench computes the Leave Encashment amount and stores the wage type for Leave Encashment in the Additional Payments Infotype (0015). This wage type stores information on the amount (in the amount field BETRG) and the number of months of leave encashed (in the number field ANZHL). Termination Workbench computes Leave Encashment amount as:
Number of months of leave encashed multiplied by the LEA basis
Where,
         Number of months of leave encashedNumber of months of Leave Entitled minus Number of months of leave availed
        LEA basis = LEA Encashment basis Wage Type (/128)



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