Administrative Charges on PF Contribution

[former_member246191]

Dear All,

The administrative charges on PF Contribution have been revised from 1.10 % to 0.85 % effective from 01st January 2015.

Please let us know whether we can make the changes manually or we have to wait for a note from SAP.

Have a nice day.

Regards,

Sriram

[Former Member]

Dear Sriram,

Since Administrative charges is the only change in PF which got changed, we can do it manually in V_T7INF3. Delimit the existing record and change as per the revised rate.

Regards

Ravi

[former_member182083]

Hello Sriram,

SAP is checking this with Product Manager on the legality, once Legality is confirmed, SAP will be releasing the note on PF changes along with the Budget changes on 20th Apr 2015. Kindly wait.

With Regards,

S.Karthik