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OHIRSI006 - Maintain conversion rates from FWL to CPF
CPI1466 during Backup Addresses (Business Address Services)This documentation is copyright by SAP AG.
In this step, you define the contribution rates to the Central Provident Fund for employees who are in transition from the FWL scheme to the CPF. A transition period of two years applies to the employees concerned.
The contribution rates are subdivided into different contribution groups, which depend of an employee's age, income, and the year of the transition between FWL and CPF. For each of these groups contribution rates can be defined for ordinary and additional wages as well as the maximum amount of the contribution.
The contribution rates valid at the date of delivery have already been set up in the SAP standard delivery system.
Normally, you need not make any change to the settings described here, unless legal requirements have changed.
If you want to use the entries contained in the SAP standard delivery system, you first must copy them from client 000 since the table in which they are stored possesses delivery class C.
To create a contribution data set, proceed as follows:
- Select New entries.
- Specify which transition year the contribution group is valid for.
- Enter a key and a short description for the contribution group.
- Specify the area of validity.
- Specify up to which age and income the contribution is to be valid.
- Define the contribution rates for ordinary wages / total wages.
- Define the maximum amount of the contribution based on the employee's ordinary / total wages.
- Define the contribution rates for additional wages.
- Define the low limit for the calculation of wage differences.
- Save your entries.
TXBHW - Original Tax Base Amount in Local Currency General Material Data
This documentation is copyright by SAP AG.
Length: 1944 Date: 20240523 Time: 181414 sap01-206 ( 34 ms )
