Valuation of Wage Types

Valuation of wage types a) Direct valuation-Amount Manually b) Indirect valuation-It is calculated by system Various modules defined for indirect valuation a) ARBPL Module-Remuneration Information in Basic pay-0008 b) SUMME Module-Adding getting desired amount Ex: 20%WT1+70%WT2+10%WT3=WT Amount c) PRZNT Module- Adding and multiplying and getting desired Ex: 20%WT1+70%WT2+10%WT3*Basic Pay=WT Amount 0008, 0014, 0015 Indirect evaluation Modules a) International-TARIF-A,SUMME-B b) Country Specific-INVAL(India) The below give table are the back bone of Indirect evaluation module INVAL 1. T511 - Wage type Characteristics 2. T510 - Maintain PSG and Levels 3. T539J -Maintain Valuation Base Wage Types 4. T7INA9 -Calculate Eligibility for RAP 5. T7INA7 -Maintain Allowance Rules Based on Slabs 6. T7INB1 -Basic Wage Type in Allowance Grouping Indirect evaluation module INVAL with module variant A

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Valuation of wage types

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b) SUMME Module-Adding getting desired amount

Ex: 20%WT1+70%WT2+10%WT3=WT Amount

c) PRZNT Module- Adding and multiplying and getting desired

Ex: 20%WT1+70%WT2+10%WT3*Basic Pay=WT Amount0008, 0014, 0015

Indirect evaluation Modulesa) International-TARIF-A,SUMME-Bb) Country Specific-INVAL(India)The below give table are the back bone of Indirect evaluation module INVAL1. T511- Wage type Characteristics2. T510- Maintain PSG and Levels3. T539J-Maintain Valuation Base Wage Types4. T7INA9-Calculate Eligibility for RAP5. T7INA7-Maintain Allowance Rules Based on Slabs6. T7INB1-Basic Wage Type in Allowance Grouping

Indirect evaluationmodule INVAL with module variantAIn Scenarios such as when a particular fixed amount of pay component to be automatically updated against a wage type that time we can use indirect evaluation module with MODULE VARIANT AEx: Basic Pay-8000 and HRA-40%-Give AMT4000

Indirect evaluationmodule INVAL with module variant BThrough this you able to arrive at a wage type amount as a percentage of another wage type or a set of wage typesa percentage of a wage type plus a fixed amount with condition.Ex: Basic Pay-8000 and HRA-40%-Give AMT and Transport All-5% BP+5%HRA-Give amt-120010000-10004000-5001000+500=1500-800

Indirect evaluationmodule INVAL with module variant CThis module variant will useful in a condition where indirect evaluation should happen by fixing a maximum limit of amount. Through this we can evaluate the value of a wage type as percentage another and compare with a value by making sure that the evaluated value will not exceed the limit.-RAPProject Allowance40% of BP+5% TP All With Max RAP Limit-300010000-400010000-8004800

Indirect evaluation module INVAL with module variant DModule variant D has 3 options A, B, C.Module variant D it is valuated based on salary slabs of an employee it can be derived based on INVAL A, B, C Variants.

BS-HRA5000-15005-7000-18007000-2500

Condition-1-Inval BS1-E BS-7500-1000S2-E BS-12000-2000S3-E BS-17000-3000

40% on Basic Pay&INVAL D10000-4000+2000=6000

15000-5500+3000-8500