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3796300 - Perquisite calculated for interest-free loans below 200000; wage type /127 affected in India payroll

Symptom

  • Perquisite amount is being calculated for employees with interest-free loans less than 200000 during the payroll run.
  • Incorrect calculation impacts wage type /127.
  • Employee is getting perquisite for loans less than 200000
  • Incorrect Loan Interest Perk Calculation for Loan Amount less than 2 lacs


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Environment

  • Human Capital Management (HCM)
  • Payroll India
  • SAP R/3
  • SAP ERP Core Component
  • SAP ERP
  • SAP enhancement package for SAP ERP
  • SAP enhancement package for SAP ERP, version for SAP HANA

Keywords

perquisite, wage type /127, /127, interest-free loan, loan interest taxation, below 200000, india payroll, pc00_m40_calc, perk_issue, hcm_loc_ci_21, sfw5, india localization, payroll schema, income tax perquisite, ec payroll , KBA , PY-IN , India , PA-PA-IN , India , PY-IN-PS , Public Sector , How To

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