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This post explains the steps to create new wage type for Basic pay Infotype(0008).Similarly we can create new
wages for others also such as recurring Deduction/payment,Additional payment,Empl remuneration info type etc.
Step 2 : Set up default wage types for the Basic Pay infotype (0008)
Go to path SPRO--> Personnel Management --> Personnel Administration --> Payroll Data --> Basic Pay --> Wage Types --> Revise Default Wage
Types.
This configuration is country specific. When a new infotype record is created, the value defined using the feature is offered as a default value. Which
values you receive depends on the organizational assignment of the employee.
The defaulted wage type model can be deleted if it is marked with mode 0 (optional) in the view Default wage types for basic pay (V_T539A). When
wage types are marked with mode F (fixed) this is not possible.
While I am pretty sure that most of you are aware of these things I still wanted to publish these things for the benefit of other HCM consultants who are
not aware.
Configuration Guide:
You can find the option to configure annual salary under Personnel Management > Personnel Administration > Payroll Data > Basic Pay > Define Annual Salary.
The configuration is done in 4 steps:
Wage type for annual salary
Payment frequency for annual salary
Wage Type Characteristics
Relevant wage types for annual salary valuation
1> Define wage type for annual salary
2> Setup Payment frequency feature (Multiplier) for annual salary
3> Wage Type Characteristics
4> Relevant wage types for annual salary valuation