Wage master

Processing is released with version 4.5B.At one time, you can only use any of these two versions, if you are using an old version, you can continue to use the same version and there is no need to move to the new version, but the older version is not under development.The technical processing of averages can be configured as shown in the following steps −SPRO → IMG → Payroll → Payroll India → Time wage type valuation → Averages → Bases for valuation of AveragesYou should check the following perquisites for this −Forming the basis for calculating average valuesDefinition of calculation rules for averagesAssignment of calculation rules to wage typesTo create a new technical processing of average, click on New EntriesIn a new window, define the different rules as mentioned above and click on the save icon at the top.Incentive Wages: OverviewTo maintain incentive wages, different accounting processes are defined in standard SAP system.Monthly Wage Calculation for Incentive WagesIn this Wage Type, target time for each ticket is calculated using a piecework rate. This is used to calculate the amount for time ticket that the employee is due. This amount consists of −Basic Monthly Pay − This defines the gross amount that is paid to the employees irrespective of their performance and it can be paid as a monthly sum or in terms of hourly pay as per their contract.Time Dependent Variable Pay − This is used to define the pay scale rate that is different from a master pay scale rate for an employee. It is possible that an employee is remunerated at a high rate as compared to a master pay rate for specific activities. You have to enter a higher pay scale into the time ticket.Performance Dependent Variable Pay − This is used to credit when an employee completes the work in less time than the target time. The different between target time and actual time is mentioned on time ticket.Hourly Wage Calculation for Incentive WagesThis is similar to the monthly wage calculation with the only difference that the monthly wage is specified as an hourly wage

Maintain Loan Grouping.To define different salary components that define the salary for a loan grouping, go to SPRO → IMG → Payroll → Payroll India → Company Loans → Master Data → Maintain Salary Components.To specify if a Loan Type is eligible for Section 24 Deduction, go to SPRO → IMG → Payroll → Payroll India → Company Loans → Master Data → Maintain Deduction Details Under Section 24.Similarly, you can create various customizations under Payroll India for processing Loan enhancement.One Day Salary DeductionThis component is used to process the voluntary salary deduction for employees and is applicable for one or multiple days. This component calculates the employee contribution for the same amount at it was paid by the employer. This voluntary deduction normally involves payment to charitable trust, prime minister Relief fund, etc.In the SAP system, this component is maintained in the table V_T7INO1.Go to SPRO → IMG → Payroll → Payroll India → One day Salary deduction → Maintain Details for one day Salary deduction.For example − Consider an employee’s details in a table view One-day salary deduction (V_T7INO1) for Pay Scale Grouping for Allowances MN01.Year - 2010Period - 01Calculation Indicator - Actual Salary/Calendar DaysEmployer Contribution – As the employer also contributes.You run the payroll for an employee, who belongs to a Pay Scale Grouping for Allowances MN01, in June 2010. Let the Actual Salary of the employee for June 2010 be Rs. 6000 and the calendar days KSOLL for the month June = 30.One-day salary deduction payroll function (INDSD) reads the table view one-day salary deduction (V_T7INO1) for the Pay Scale Grouping for Allowances MN01, and generates the following wage types −For employee, one-day salary deduction wage type (/3OE) = Rs (6000/30) * 2 → 400.For employer, one-day salary contribution wage type (/3OF), which is also equal to 400.SAP Payroll - Subsequent ActivitiesThis includes the activities that should be carried out after processing of gross and net payroll for employees.Posting of Payment TransactionsThis is used to post the personnel expenses within a company to financial accounting and Cost Accounting.This includes payables to the employees who are posted

A quest.Mr. D is on his way to Mount Olympus for a meeting, and he says that if Percy is still at Camp Half-Blood when he returns, he'll turn him into a dolphin for sure.Percy wants to know what this "quest" business is all about.Chiron tells Percy that Zeus and Poseidon are having the worst fight in centuries. Zeus's symbol of power, a master bolt (the source of Zeus's lighting bolts), has been stolen. Zeus blames Poseidon and thinks he got a hero to steal it for him. Now that Poseidon has openly claimed Percy as his son, everything thinks that Percy stole the bolt.Ever since Poseidon, Hera, and some other gods trapped Zeus in a golden net in order to make him be a better ruler, Zeus has never trusted Poseidon.Poseidon rules the ocean, and the forges of the Cyclopses are under the ocean. The Cyclopses made Zeus's master bolt, so Zeus thinks that Poseidon is having tons of copies made so that he can wage war on his brother.Now it's time for someone to find the master bolt before World War III erupts. The deadline for finding the master bolt is the summer solstice: June 21st.This is where Percy comes in as the dude who goes on the quest to find the master bolt.Chiron sends Percy upstairs to the attic to have a chat with the Oracle.The attic is full of ancient stuff – "Greek hero junk" (9.123) and pickled monster parts. And it smells like reptiles. Mmmmmmm.Suddenly the mummy of a woman opens its mouth, and green smoke pours out. The green smoke forms the image of Smelly Gabe and his buddies playing poker. This is what the Oracle says: "I am the spirit of Delphi, speaker of prophecies of Phoebus Apollo, slayer of the mighty Python.