Posting to A/C in Singapore

[Former Member]

Company is giving only Basic Salary to employee.

Deduction is CPF.

What I have to set for posting to Accouting.

Just posting Characterstics of two wage Types?

[Former Member · Accepted solution]

Hi,

After run the payroll, configure the postings to FI.

Already standards symbolic accounts are there(you are copied from MS40, so whatever symbolic accounts is there for MS40,. that symbolic accounts also copied to your custom wage type), If don't want standard symbolic account, create the custom symbolic account and assign to your custom wage type.

Coming into CPF wage types: here we have two wage types; 1. Employee CPF, 2. Employer CPF

These two we need to post to FI.

First tell me, what are CPF(Employee)wage type you are going to post to FI (whether /305, /251)

What are CPF(employer side) wage types are you going to Post to FI (/307, /252)

I forgotton exact wage types, actually /305, series wage types are not there in posting character stics node table (V_T52EK), in this table ,i think so /251 wage type series are there.

IF do you want post /305 wage types, we need configure the wage types and characters in the table of V_T52eK table, IF you use the standard /251 no need to configure again, just assign the symbolic account.

Employee CPF goes to Balance sheet account

Employeer CPF goes to Expenses and Balance sheet account.

To employer CPF wage type we need to assign two symbolic accounts, why because, one account goes to Expenses account, one Symbolic account goes to Balance sheet account.

Then after that assign the symbolic accounts to G/L accounts in OBYE, OBYG.

Salaries symbolic account assign in t.code - OBYE

Employee CPF symbolic account assign in t.code - OBYG

Employee CPF symbolic account assign in both t.codes OBE, OBYG.

Follow the following configuration steps to post results to FI:

Reporting for Posting Payroll Results to Accounting

Preparation

Activities in HR System

Define symbolic accounts

Define posting characteristics of wage types

Activities in AC System

Assign balance sheet accounts(OBYG)

Assign expense accounts(OBYE)

Regards

Devi

[Former Member · Accepted solution]

Devi I did not configure CPF wage type because I think it is automatically created by the system in secondary wage type.

is it okay?

[Former Member · Accepted solution]

This message was moderated.

[sikindar_a]

http://help.sap.com/saphelp_erp2005vp/helpdata/en/81/42b09e4a3711d189490000e8323c4f/content.htm

Table V_T52EM

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Employee Grouping and Symbolic Accounts -> Define Employee Grouping Account Determination

Details of Configuration Maintain SAP Standard entries. Account assignment can also be done based on various employee subgroup using the feature u2018PPMODu2019 which can be seen under this node.

Define Symbolic Accounts

Table V_T52EK

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Employee Grouping and Symbolic Accounts -> Define Symbolic Accounts

Details of Configuration Define Symbolic accounts for balance sheet and expense accounts. Account assignment type = C for expense and F for Balance sheet accounts.

Maintaining Wage Types

Define Posting Characteristics of Wage Types

Table V_T52EZ, V_T52EL

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Maintaining Wage Types -> Define Posting Characteristics of Wage Types

Details of Configuration The posting characteristics of individual wage type can be done here depending upon the requirement. For example, the basic pay wage type u20181000u2019 is linked to symbolic account u20188888u2019(Salaries & wages) as below. If the model wage type is used for creating a new wage type, then this entry is created automatically.

2.1.1 Maintain Posting Date for Payroll Periods

Table T549S

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Maintain Posting Date for Payroll Periods

Details of Configuration Posting Date for different payroll periods can be done as follows. The Pay Day is already generated in the earlier step 4.1.5. This Pay Day can be created as Posting date. Otherwise, the difference in days has to be mentioned in the specification screen for different Posting date.

Create Posting Variants

Table V_T52E2

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Maintain Posting Date for Payroll Periods

Details of Configuration Posting Variants for payroll posting can be created here. This is an optional step.

Activities in the AC System

Assigning Accounts

Assign Balance Sheet Accounts

Table T030

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the AC System -> Assigning Accounts -> Assign Balance Sheet Accounts

Details of Configuration This is basically interface between HR & AC system by linking Symbolic accounts to the respective Balance sheet accounts as follow.

Assign Expense Accounts

Table T030

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the AC System -> Assigning Accounts -> Assign Expense Accounts

Details of Configuration This is basically the interface between HR & AC system by linking Symbolic accounts to the respective Expense accounts as follow.

Assign Technical Accounts

Table T030

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the AC System -> Assigning Accounts -> Assign Technical Accounts

Details of Configuration The single entry here is required for accounting key u20181001u2019 to salary payable account u2018230116u2019 for the purpose of automatic account posting.

Assign Vendor Accounts

Table T030

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the AC System -> Assigning Accounts -> Assign Vendor Accounts

Details of Configuration This is basically the interface between HR & AC system by linking Symbolic accounts to the respective Vendor accounts(Account Assignment type K u2013 Personal Vendor, KF u2013 Fixed Vendor) which was created in Transaction u2018FK01u2019.

Check Customizing for Account Determination

Table None

Transaction Code SPRO

Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Check Customizing for Account Determination

Details of Configuration The account assignment for all the wage types through symbolic account can be displayed here.

Check the above steps yes u have to maitnain the posting charaterstics of those two wage types and later assign it to ur GL accounts

[Former Member]

Hi,

Go through the following steps in SPRO :-

SPRO

Payroll: Singapore

Reporting for Posting Payroll Results to Accounting

Preparation

Prepare wage type overview

Obtain overview of accounts

Activities in HR System

Employee Grouping and Symbolic Accounts

Define employee grouping account determination - If applicable

Define symbolic accounts

Maintaining Wage Types

Define posting characteristics of wage types

Maintain posting date for payroll periods

Create posting variants IF required

Authorizations - IF any specific

Activities in AC System

Assigning Accounts

Assign balance sheet accounts

Assign expense accounts

[Former Member]

Thank you I will do all.

As I copy Basic Salary wage type from MS40, posting characteristics are already defined. Do I need to make seperate symbolic a/c and set characteristics again?

[Former Member]

Hi Vijay ,

u can use the same symbolic account if you dont wany any customized symbolic account....

but u would have to map the same to proper GL account in " Assign balance sheet accounts"

&" Assign expense accounts "

[Vivek_V]

Hi,

It is better to have your own symbolic account. Change the assignment of symbolic account for your WT to the one created by you and assign GL to your symbolic account.

VK