Payroll processing wage maintanance
i have a doubt in wage maintanance
What are the wages we will maintain in info type 8, 14 and 15?
8-Basic pay, 14-Recurring payments and deductions and 15-Additional payments.
In companies there are so many wages like Basic, HRA, DA, and Conveyance allowance, Phone allowance, Bonus, PF, and Gratuity like that.
If u are running the Indian payroll we need to maintain we need to maintain info types 0,1,2,3,6,7,8,9,14,15.. for ex..
Apart from that info type 581-589 we need to maintain
My question is: Which wages comes under on which info types.
Ex: Bonus, once in a year so it comes under info type 15 only.
In info type 14 means the wages which will recur on every month, those wages will maintain (but I donu2019t have any idea what are the wages we have to maintain due to lack of domain HR knowledge.)
In info type 8 Basic we should maintain. Apart from basic what we maintain like HRA,DA
But I know the concept of T512w. what it is ..How it is)
And one more is, for time wage types T510s first then, T512w with PRCL-03 and all..And some wage types like absence T554c (counting rules and classes)how to calculate and all.
I donu2019t have any idea about rest of the process of time wage types.
Thanks and Regards.