on 04-18-2014 5:33 AM
Dear Team,
Client is using off cycle reimbursement allowance, some allowance are annual such as LTA & some allowance are monthly such as telephone. Monthly allowance are carried forward each month if the employees are not / partially taken then balance amount carry forward to next month through t-code –(PC00_M40_REMC - Claims Balance Carry Forward ).
Now the company wants to change the pay reimbursement on below way:-
Eligibility amount: - 15000
Applied amount: - 10000
Balance amount: - 15000-10000=5000
Applied amount (10000) paid through off-cycle. These amounts are nontaxable, while given the bills.
Now the balance amount: = 15000-10000=5000 paid through regular payroll & should be taxable.
Kindly suggest!
Thank you in advance,
Regards,
Rakesh
eligible amount is 15000
suppose i got reimbursement for 10000 in multiple times in off-cycle payroll in fiscal year
lets say in May 2000Rs, Jul 2000Rs, Aug 3000Rs, Nov 5000Rs
Now total reimbursement is 10000Rs in fiscal year.
The remaining balance 5000 (15000-10000) when it's going to be processed is it in end of the fiscal year i.e Mar month ?
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Dear Praneeth,
Please find the details:-
Eligibility amount: - 15000 per month
IT0589-
From-01.04.204 to 31.12.999
Client pay reimbursement through offcycle on monthly basis if any unclaim amount then it carry forward to next month till March. For the month of March if any unclaim amount then these amount carry goes to regular payroll through t-code (PC00_M40_REMT - Claims Balance Disbursement)
Now client wants to change the process i.e if any unclaimed amount on monthly then unclaimed amount paid through regular payroll on the same month.
Kindly suggest!
Regards,
Rakesh
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