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RTP_KR_005 - Specify Frequency and Method for Contribution Calculation
BAL Application Log Documentation General Material DataThis documentation is copyright by SAP AG.
In this Customizing activity, you specify the calculation settings for pension contributions, for example, calculation frequency, contribution base, and the decision factor to determine contribution rates. The the settings in this Customizing table and calculates pension contributions based on the formula: contribution amount = contribution base x contribution rate.
You have defined retirement pension plans in Customizing for Payroll: South Korea under Retirement Pension -> Define Retirement Pension Plans.
You have defined the decision factors in Customizing for Payroll: South Koreaunder Retirement Pension -> Calculate Pension Contributions -> Define Contribution Rates.
You specify the following calculation settings:
- How often the system carries out the calculation
- Base amount for contribution calculation
- Decision factor that the system uses to determine the contribution rates
- If the system accrues the contributions by the employer
- Wage type in which the system stores the accrued contributions
- If you choose a user-defined base amount to calculate contributions, you must enter the wage type that stores the amount.
PERFORM Short Reference Fill RESBD Structure from EBP Component Structure
This documentation is copyright by SAP AG.
Length: 1604 Date: 20240523 Time: 201025 sap01-206 ( 35 ms )