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3708293 - WT /401 value not calculated correctly for going to retire employees

Symptom

  • /401 value is not calculated correctly for some employees during payroll processing.
  • For April, the /401 value is not coming as expected (e.g., 11), which impacts subsequent calculations such as projections.
  • Incorrect /401 configuration results in inaccurate data for Form 24Q and Form 16.


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Environment

  • Human Capital Management (HCM)
  • SAP ERP Core Component
  • SAP ERP
  • SAP enhancement package for SAP ERP

Keywords

/401 issue, payroll calculation error, projection factor, pay date configuration, alternate financial year, SAP S/4HANA Payroll India, Form 24Q, Form 16, Infotype 0041, retirement date, payroll period adjustment , KBA , PY-IN , India , PA-PA-IN , India , How To

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